New Jersey § 12a:9-709
Full text of New Jersey New Jersey Statutes § 12a:9-709, with citation guidance and answers to common questions.
§ 12a:9-709.
(a) Law governing priority. This chapter determines the priority of conflicting claims to collateral. However, if the relative priorities of the claims were established before this chapter
takes effect, former Chapter 9 determines priority. (b) Priority if security interest becomes enforceable under 12A:9-203. For purposes of 12A:9-322 (a) , the priority of a security interest that becomes enforceable under 12A:9-203 of this chapter dates from the time this chapter takes effect if the security interest is perfected
under this chapter by the filing of a financing statement before this chapter 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 New Jersey § 12a:9-709
What does New Jersey Statutes § 12a:9-709 cover?
Section 12a:9-709 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:9-709?
A common citation format is "New Jersey Statutes § 12a:9-709" (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:9-709 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.