N.Y. Uniform Commercial Code Law Section 9-326
Priority of Security Interests Created by New Debtor

Section 9--326. Priority of Security Interests Created by New Debtor.

(a)

Subordination of security interest created by new debtor. Subject to subsection (b), 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 Section 9--316(i)(1) or 9--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). 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.

Source: Section 9-326 — Priority of Security Interests Created by New Debtor, https://www.­nysenate.­gov/legislation/laws/UCC/9-326 (updated Dec. 26, 2014; accessed Dec. 13, 2025).

9–317
Interests That Take Priority over or Take Free of Security Interest or Agricultural Lien 9–318
No Interest Retained in Right to Payment That Is Sold 9–319
Rights and Title of Consignee with Respect to Creditors and Purchasers 9–320
Buyer of Goods 9–321
Licensee of General Intangible and Lessee of Goods in Ordinary Course of Business 9–322
Priorities among Conflicting Security Interests in and Agricultural Liens on Same Collateral 9–323
Future Advances 9–324
Priority of Purchase-money Security Interests 9–325
Priority of Security Interests in Transferred Collateral 9–326
Priority of Security Interests Created by New Debtor 9–326A
Priority of Security Interest in Controllable Account, Controllable Electronic Record, and Controllable Payment Intangible 9–327
Priority of Security Interests in Deposit Account 9–328
Priority of Security Interests in Investment Property 9–329
Priority of Security Interests in Letter-of-credit Right 9–330
Priority of Purchaser of Chattel Paper or Instrument 9–331
Priority of Rights of Purchasers of Instruments, Documents, and Securities under Other Articles 9–332
Transfer of Money 9–333
Priority of Certain Liens Arising by Operation of Law 9–334
Priority of Security Interests in Fixtures and Crops 9–335
Accessions 9–336
Commingled Goods 9–337
Priority of Security Interests in Goods Covered by Certificate of Title 9–338
Priority of Security Interest or Agricultural Lien Perfected by Filed Financing Statement Providing Certain Incorrect Information 9–339
Priority Subject to Subordination
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Verified:
Dec. 13, 2025

Last modified:
Dec. 26, 2014

§ 9-326. Priority of Sec. Interests Created by New Debtor's source at nysenate​.gov

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