Alaska § 45.29.325 - Priority of security interests in transferred collateral.
Full text of Alaska Alaska Statutes § 45.29.325 — Priority of security interests in transferred collateral., with citation guidance and answers to common questions.
§ 45.29.325. Priority of security interests in transferred collateral.
(a) Except as otherwise provided in (b) of this section, a security interest created by a debtor is subordinate to a security interest in the same collateral created by another person if (1) the debtor acquired the collateral subject to the security interest created by the other person;
(2) the security interest created by the other person was perfected when the debtor acquired the collateral; and
(3) there is no period after the events described in (1) and (2) of this subsection when the security interest is unperfected.
(b) The provisions of (a) of this section subordinate a security interest only if the security interest (1) otherwise would have priority solely under AS 45.29.322 (a) or 45.29.324; or
(2) arose solely under AS 45.02.711 (c) or AS 45.12.508 (e).
Source: official Alaska text · Last verified 2026-08-27
Frequently Asked Questions About Alaska § 45.29.325
What does Alaska Statutes § 45.29.325 cover?
Section 45.29.325 ("Priority of security interests in transferred collateral.") is part of the Alaska Statutes, the codified statutory law of Alaska. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Alaska § 45.29.325?
A common citation format is "Alaska Statutes § 45.29.325" (Alaska). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Alaska law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Alaska official source linked on this page or consult a licensed Alaska attorney.
How does Alaska § 45.29.325 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Alaska can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Alaska.