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California Commercial Code

§ 9317

COM § 9317 Effective Jan 1, 2024Div. 9 · Ch. 3

Statute text

View on leginfo.ca.gov
(a)A security interest or agricultural lien is subordinate to the rights of both of the following:
(1)A person entitled to priority under Section 9322.
(2)Except as otherwise provided in subdivision (e), a person that becomes a lien creditor before the earlier of the time the security interest or agricultural lien is perfected, or one of the conditions specified in paragraph (3) of subdivision (b) of Section 9203 is met and a financing statement covering the collateral is filed.
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Legislative history

Amended by Stats. 2023, Ch. 210, Sec. 47. (SB 95) Effective January 1, 2024.

Source: California Commercial Code § 9317 from the California Legislative Information (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.