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Ala. Code § 7-12A-306 (1975) [Effective 7/1/2024] Priority of Claims When Priority Rules of Article 9a Do Not Apply
Library | Alabama Statutes |
Edition | 2023 |
Currency | Current with legislation from the 2023 Regular and Special Sessions. |
Year | 2023 |
Citation | Ala. Code § 7-12A-306 (1975) |
(a) Determination of priority. Subject to subsections (b) and (c), Article 12 determines the priority of conflicting claims to Article 12 property when the priority rules of Article 9A as amended by this act do not apply.
(b) Established priorities. Subject to subsection (c), when the priority rules of Article 9A as amended by this act do not apply and the priorities of claims to Article 12 property were established before the effective date of this act, law other than Article 12 determines priority.
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