Legislation
SECTION 11-107
Transition Provisions as to Priorities
Uniform Commercial Code (UCC) CHAPTER 38, ARTICLE 11
Section 11--107. Transition Provisions as to Priorities.
Except as otherwise provided in this Article, Original Article 9 shall
apply to any questions of priority if the positions of the parties were
fixed prior to the effective date of Revised Article 9. In other cases
questions of priority shall be determined by Revised Article 9.
Except as otherwise provided in this Article, Original Article 9 shall
apply to any questions of priority if the positions of the parties were
fixed prior to the effective date of Revised Article 9. In other cases
questions of priority shall be determined by Revised Article 9.