{"data":{"id":"us-sc/s.c.-code-ann.-36-9-325","jurisdiction":"us-sc","citation":"S.C. Code Ann. § 36-9-325","heading":"Priority of security interests in transferred collateral.","body":"(a) Except as otherwise provided in subsection (b), a security interest created by a debtor is subordinate to a security interest in the same collateral created by another person if:\n(1) the debtor acquired the collateral subject to the security interest created by the other person;\n(2) the security interest created by the other person was perfected when the debtor acquired the collateral; and\n(3) there is no period thereafter when the security interest is unperfected.\n(b) Subsection (a) subordinates a security interest only if the security interest:\n(1) otherwise would have priority solely under Section 36-9-322(a) or 36-9-324; or\n(2) arose solely under Section 36-2-711(3) or 36-2A-508(5).","path":["Title 36 - COMMERCIAL CODE","CHAPTER 9 Commercial Code—Secured Transactions","Part 3 Perfection and Priority"],"source_url":"https://www.scstatehouse.gov/code/t36c009.php","current_through":"2025 Session of the General Assembly","vintage":"","retrieved_at":"2026-09-02T07:08:49Z","sha256":"8ca31940880a22ad905c029f4aff93f5148705dcadfd3bcb3b0830a1e4850228","source_id":"us-sc","stale":false,"prev":"us-sc/s.c.-code-ann.-36-9-324","next":"us-sc/s.c.-code-ann.-36-9-326"},"notice":"GroundRules: Original legal text. Not legal advice."}