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Secured Transactions Overview of Priority Prepared by Professor Stephen L. Sepinuck 2015 all rights reserved Overview of Priority

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AttachmentPerfectionPriority Scope: 9-109 Classify: 9-102 Requirements: 9-203 Description: 9-108 Special Rules: 9-204 Gov. Law: 9-301 9-307 Method: 9-309 9-314 Filing: 9-501 9-510, 9-516, 9-108 Classify Claimants Analytical Method Overview of Priority

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Classify Claimants Analytical Method Overview of Priority Debtor Secured Party Judicial Lien Creditor Debtor Secured Party Statutory Lienor Debtor Secured Party Secured Party Seller / Lessor Debtor Secured Party Debtor Secured Party Buyer / Lessee / Licensee

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Overview of Priority Classify Claimants Analytical Method Overview of Priority Debtor AB C A vs. BB vs C A vs. CB vs D B vs. CC vs D Debtor AB CD A vs. B A vs. C B vs. C

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Overview of Priority AttachmentPerfectionPriority Scope: 9-109 Classify: 9-102 Requirements: 9-203 Description: 9-108 Special Rules: 9-204 Proceeds: 9-315 Commingling: 9-336 Gov. Law: 9-301 9-307 Method: 9-309 9-314 Filing: 9-501 9-510, 9-516, 9-108 Proceeds: 9-315 Commingling: 9-336 Changes: 9-316, 9-507 Classify Claimants PMSI Future Advances Locate Rules(s) Analytical Method Overview of Priority