Section 336.0A-305 - [Effective 8/1/2024] PRIORITY(a) Determination of priority. Subject to subsections (b) and (c), this act determines the priority of conflicting claims to collateral.(b) Established priorities. Subject to subsection (c), if the priorities of claims to collateral were established before August 1, 2024, article 9, as in effect before August 1, 2024, determines priority.(c) Determination of certain priorities on adjustment date. On the adjustment date, to the extent the priorities determined by article 9, as amended by this act, modify the priorities established before August 1, 2024, the priorities of claims to article 12 property and electronic money established before August 1, 2024, cease to apply.Added by 2024 Minn. Laws, ch. 93,s 11-8, eff. 8/1/2024.