Current through 131st (2023-2024) Legislature Chapter 684
Section 15-306 - [Effective 7/1/2025] Priority of claims when priority rules of Article 9-a do not apply(1). Subject to subsections (2) and (3), Article 12 determines the priority of conflicting claims to Article 12 property when the priority rules of Article 9-A as in effect on July 1, 2025 do not apply.(2). Subject to subsection (3), when the priority rules of Article 9-A as in effect on July 1, 2025 do not apply and the priorities of claims to Article 12 property were established before July 1, 2025, law other than Article 12 determines priority.(3). When the priority rules of Article 9-A as in effect on July 1, 2025 do not apply, to the extent the priorities determined by this Title as in effect on July 1, 2025 modify the priorities established before July 1, 2025, the priorities of claims to Article 12 property established before July 1, 2025 cease to apply on the adjustment date. Added by 2024, c. 669,§ C-1, eff. 7/1/2025.