Section 336.0A-306 - [Effective 8/1/2024] PRIORITY OF CLAIMS WHEN PRIORITY RULES OF ARTICLE 9 DO NOT APPLY(a) Determination of priority. Subject to subsections (b) and (c), article 12 determines the priority of conflicting claims to article 12 property when the priority rules of article 9, as amended by this act, do not apply.(b) Established priorities. Subject to subsection (c), when the priority rules of article 9, as amended by this act, do not apply and the priorities of claims to article 12 property were established before August 1, 2024, law other than article 12 determines priority.(c) Determination of certain priorities on adjustment date. When the priority rules of article 9, as amended by this act, do not apply, to the extent the priorities determined by this act modify the priorities established before August 1, 2024, the priorities of claims to article 12 property established before August 1, 2024, cease to apply on the adjustment date. ARTICLE 12
MISCELLANEOUS
Added by 2024 Minn. Laws, ch. 93,s 11-9, eff. 8/1/2024.