N.Y. Uniform Commercial Code Law Section 12-A-305
Priority

* Section 12-A-305. Priority.

(a)

Determination of priority. Subject to subsections (b) and (c), the revised UCC 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 the effective date of the UCC Revision Act, Article 9 as in effect before the effective date of the UCC Revision Act 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 the UCC Revision Act modify the priorities established before the effective date of the UCC Revision Act, the priorities of claims to Article 12 property and electronic money established before the effective date of the UCC Revision Act cease to apply. * NB Effective June 3, 2026

Source: Section 12-A-305 — Priority, https://www.­nysenate.­gov/legislation/laws/UCC/12-A-305 (updated Dec. 12, 2025; accessed Dec. 13, 2025).

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Verified:
Dec. 13, 2025

Last modified:
Dec. 12, 2025

§ 12-A-305. Priority's source at nysenate​.gov

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