Priority among secured parties is generally as follows: a. A party with a perfected security interest takes

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Priority among secured parties is generally as follows:

a. A party with a perfected security interest takes priority over a party with an unperfected interest.

b. If neither secured party has perfected, the first interest to attach gets priority.

c. Between perfected security interests, the first to file or perfect wins.

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Legal Environment

ISBN: 9780324537116

3rd Edition

Authors: Jeffrey F Beatty, Susan S Samuelson

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