Alaska Statutes Title 45. Trade and Commerce § 45.29.325. Priority of security interests in transferred collateral
Welcome to FindLaw's Cases & Codes, a free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.
Search Alaska Statutes
Search by Keyword or Citation
(a) Except as otherwise provided in (b) of this section, a security interest created by a debtor is subordinate to a security interest in the same collateral created by another person if
(1) the debtor acquired the collateral subject to the security interest created by the other person;
(2) the security interest created by the other person was perfected when the debtor acquired the collateral; and
(3) there is no period after the events described in (1) and (2) of this subsection when the security interest is unperfected.
Cite this article: FindLaw.com - Alaska Statutes Title 45. Trade and Commerce § 45.29.325. Priority of security interests in transferred collateral - last updated January 01, 2022 | https://codes.findlaw.com/ak/title-45-trade-and-commerce/ak-st-sect-45-29-325.html
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
Was this helpful?