(1) Subject to subsections (2) and (3) of this section, 2024 Ky. Acts ch. 10 determines the priority of conflicting claims to collateral.
(2) Subject to subsection (3) of this section, if the priority of claims to collateral were established before January 1, 2025, Article 9 of this chapter, as in effect before January 1, 2025, determines priority.
(3) On the adjustment date, to the extent the priorities determined by Article 9 of this chapter, as amended by 2024 Ky. Acts ch. 10, modify the priorities established before January 1, 2025, the priorities of claims to Article 12 property and electronic money established before January 1, 2025, cease to apply.