Cal. Com. Code § 9709

Transition

Known as the Uniform Commercial Code

The act spans §§ 1101–12107 (623 sections).

Applied in 1 court decision — leading case Textron Financial Corp. v. Rebel Rents, Inc. (In Re Rebel Rents, Inc.) (2004)

Most recently applied in Textron Financial Corp. v. Rebel Rents, Inc. (In Re Rebel Rents, Inc.) (February 2004)

Added by renumbering Section 9708 (as to be added by Stats. 1999, Ch. 991) by Stats. 2000, Ch. 1003, Sec. 52

(a) This division determines priority of conflicting claims to collateral. However, if the relative priorities of the claims were established before July 1, 2001, former Division 9 (commencing with Section 9101) determines priority.

(b) For purposes of subdivision (a) of Section 9322, the priority of a security interest that becomes enforceable under Section 9203 dates from July 1, 2001, if the security interest is perfected under this division by the filing of a financing statement before July 1, 2001, which would not have been effective to perfect the security interest under former Division 9 (commencing with Section 9101). This subdivision does not apply to conflicting security interests each of which is perfected by the filing of such a financing statement.

Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.