Vermont § 709 - § 9—709.
Full text of Vermont Vermont Statutes Online § 709 — § 9—709., with citation guidance and answers to common questions.
§ 709. § 9—709.
- Priority (a) The provisions of this article as in effect prior to July 1, 2001 determine the priority
of conflicting claims to collateral if the relative priorities of the parties were
fixed before July 1, 2001. In other cases, the provisions of this article as in effect
on and after July 1, 2001 determine priority. (b) For purposes of subsection 9—322(a) of this title as in effect on and after July 1, 2001, the priority of a security interest that
becomes a perfected security interest under section 9—704 of this title as in effect on and after July 1, 2001 dates from the time the applicable requirements
for perfection are satisfied. This subsection does not apply to conflicting security
interests, each of which becomes a perfected security interest under section 9—704 of this title as in effect on and after July 1, 2001. (c) For purposes of subsection 9—322(a) of this title as in effect on and after July 1, 2001, the priority of a security interest that
becomes enforceable under section 9—203 of this title as in effect on and after July 1, 2001 dates from July 1, 2001 if the security interest
is perfected under the provisions of this article as in effect on and after July 1,
2001 by the filing of a financing statement before July 1, 2001 which would not have
been effective to perfect the security interest under the provisions of this article
as in effect prior to July 1, 2001. This subsection does not apply to conflicting
security interests, each of which is perfected by the filing of such a financing statement. (Added 2001, No. 46, § 12.)
Frequently Asked Questions About Vermont § 709
What does Vermont Statutes Online § 709 cover?
Section 709 ("§ 9—709.") is part of the Vermont Statutes Online, the codified statutory law of Vermont. 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 Vermont § 709?
A common citation format is "Vermont Statutes Online § 709" (Vermont). 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 Vermont law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Vermont official source linked on this page or consult a licensed Vermont attorney.
How does Vermont § 709 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Vermont 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 Vermont.