Arkansas § 4-9-709 - Priority.
Full text of Arkansas Arkansas Code of 1987 Annotated § 4-9-709 — Priority., with citation guidance and answers to common questions.
§ 4-9-709. Priority.
This act determines the priority of conflicting claims to collateral. However, if the relative priorities of the claims were established before this act takes effect on July 1, 2001, former Chapter 9 determines priority. For purposes of § 4-9-322(a), the priority of a security interest that becomes enforceable under § 4-9-203 dates from the time this act takes effect if the security interest is perfected under this act by the filing of a financing statement before this act takes effect which would not have been effective to perfect the security interest under former Chapter 9. This subsection does not apply to conflicting security interests each of which is perfected by the filing of such a financing statement.
Frequently Asked Questions About Arkansas § 4-9-709
What does Arkansas Code of 1987 Annotated § 4-9-709 cover?
Section 4-9-709 ("Priority.") is part of the Arkansas Code of 1987 Annotated, the codified statutory law of Arkansas. 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 Arkansas § 4-9-709?
A common citation format is "Arkansas Code of 1987 Annotated § 4-9-709" (Arkansas). 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 Arkansas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Arkansas official source linked on this page or consult a licensed Arkansas attorney.
How does Arkansas § 4-9-709 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Arkansas 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 Arkansas.