§490:9-326  Priority of security interests
created by new debtor.  (a)  Subject to subsection (b), a security interest
created by a new debtor which is perfected by a filed financing statement that
is effective solely under section 490:9-508 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 section 490:9-508.



(b)  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 section 490:9-508.  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. [L 2000, c 241, pt of §1]