Arizona § 47-9338 - Priority of security interest or agricultural lien perfected by filed financing statement providing certain incorrect information
Full text of Arizona Arizona Revised Statutes § 47-9338 — Priority of security interest or agricultural lien perfected by filed financing statement providing certain incorrect information, with citation guidance and answers to common questions.
§ 47-9338. Priority of security interest or agricultural lien perfected by filed financing statement providing certain incorrect information
If a security interest or agricultural lien is perfected by a filed financing statement providing information that is described in section 47-9516, subsection B, paragraph 5 and that is incorrect at the time the financing statement is filed:
1. The security interest or agricultural lien is subordinate to a conflicting perfected security interest in the collateral to the extent that the holder of the conflicting security interest gives value in reasonable reliance on the incorrect information; and
2. A purchaser, other than a secured party, of the collateral takes free of the security interest or agricultural lien to the extent that, in reasonable reliance on the incorrect information, the purchaser gives value and, in the case of tangible chattel paper, tangible documents, goods, instruments or a security certificate, receives delivery of the collateral.
Source: official Arizona text · Last verified 2026-08-27
Frequently Asked Questions About Arizona § 47-9338
What does Arizona Revised Statutes § 47-9338 cover?
Section 47-9338 ("Priority of security interest or agricultural lien perfected by filed financing statement providing certain incorrect information") is part of the Arizona Revised Statutes, the codified statutory law of Arizona. 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 Arizona § 47-9338?
A common citation format is "Arizona Revised Statutes § 47-9338" (Arizona). 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 Arizona law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Arizona official source linked on this page or consult a licensed Arizona attorney.
How does Arizona § 47-9338 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Arizona 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 Arizona.