RCW 62A.9A-326
Priority of security interests created by new debtor. (Effective until July 1, 2013.)

(a) Subordination of security interest created by new debtor. Subject to subsection (b) of this section, a security interest created by a new debtor which is perfected by a filed financing statement that is effective solely under RCW 62A.9A-508 in collateral in which a new debtor has or acquires rights is subordinate to a security interest in the same collateral which is perfected other than by a filed financing statement that is effective solely under RCW62A.9A-508 .

     (b) Priority under other provisions; multiple original debtors. The other provisions of this part determine the priority among conflicting security interests in the same collateral perfected by filed financing statements that are effective solely under RCW 62A.9A-508. However, if the security agreements to which a new debtor became bound as debtor were not entered into by the same original debtor, the conflicting security interests rank according to priority in time of the new debtor's having become bound.

[2000 c 250 § 9A-326.]

     RCW 62A.9A-326
Priority of security interests created by new debtor. (Effective July 1, 2013.)

(a) Subordination of security interest created by new debtor. Subject to subsection (b) of this section, a security interest that is created by a new debtor in collateral in which the new debtor has or acquires rights and is perfected solely by a filed financing statement that would be ineffective to perfect the security interest but for the application of RCW 62A.9A-316(i)(1) or 62A.9A-508 is subordinate to a security interest in the same collateral which is perfected other than by such a filed financing statement.

     (b) Priority under other provisions; multiple original debtors. The other provisions of this part determine the priority among conflicting security interests in the same collateral perfected by filed financing statements described in subsection (a) of this section. However, if the security agreements to which a new debtor became bound as debtor were not entered into by the same original debtor, the conflicting security interests rank according to priority in time of the new debtor's having become bound.

[2011 c 74 § 205; 2000 c 250 § 9A-326.]

NOTES:

     Application -- Correction of references -- Effective date -- 2011 c 74: See notes following RCW 62A.9A-102.