Section 409.325 - Priority of security interests in transferred collateral(1) SUBORDINATION OF SECURITY INTEREST IN TRANSFERRED COLLATERAL. Except as otherwise provided in sub. (2), a security interest created by a debtor is subordinate to a security interest in the same collateral created by another person if: (a) The debtor acquired the collateral subject to the security interest created by the other person;(b) The security interest created by the other person was perfected when the debtor acquired the collateral; and(c) There is no period thereafter when the security interest is unperfected.(2) LIMITATION OF SUB. (1) SUBORDINATION. Subsection (1) subordinates a security interest only if the security interest: (a) Otherwise would have priority solely under s. 409.322(1) or 409.324 ; or(b) Arose solely under s. 402.711(3) or 411.508(5) .