P.R. Laws tit. 19, § 2409
(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 act takes effect, former Chapter 9 determines priority.
(b) Priority if security interest becomes enforceable under § 2233 of this title.— For purposes of § 2272(a) of this title, the priority of a security interest that becomes enforceable under § 2233 of this title of this act dates from the time this act takes effect if the security interest is perfected under this chapter 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.
History —Sept. 19, 1996, No. 241, added as § 9–709 on Jan. 17, 2012, No. 21, § 11, eff. 1 year after Jan. 17, 2012.