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Uniform Commercial Code | |
Corrected Uniform Commercial Code - Effective Date and Transition Provisions | |
Section 107 | Transition provisions as to priorities. |
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70A-11-107. Transition provisions as to priorities. Except as otherwise provided in chapter 11, the old Uniform Commercial Code shall apply to any questions of priority if the positions of the parties were fixed prior to the effective date of the corrected Uniform Commercial Code. In other cases questions of priority shall be determined by the corrected Uniform Commercial Code.
Enacted by Chapter 272, 1977 General Session |
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