New Jersey § 12a:9-325
Full text of New Jersey New Jersey Statutes § 12a:9-325, with citation guidance and answers to common questions.
§ 12a:9-325.
(a) Subordination of security interest in transferred collateral. Except as otherwise provided in subsection (b) , 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 thereafter when the security interest is unperfected. (b) Limitation of subsection (a) subordination. Subsection (a) subordinates a security interest only if the security interest: (1) otherwise would have priority solely under 12A:9-322 (a) or 12A:9-324; or (2) arose solely under 12A:2-711(3) or 12A:2A-508(5) .
Frequently Asked Questions About New Jersey § 12a:9-325
What does New Jersey Statutes § 12a:9-325 cover?
Section 12a:9-325 is part of the New Jersey Statutes, the codified statutory law of New Jersey. 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 New Jersey § 12a:9-325?
A common citation format is "New Jersey Statutes § 12a:9-325" (New Jersey). 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 New Jersey law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Jersey official source linked on this page or consult a licensed New Jersey attorney.
How does New Jersey § 12a:9-325 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Jersey 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 New Jersey.