California Commercial Code

§ 9317

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

Statute text

(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.