§25‑9‑331. Priority of rights of purchasers of instruments,documents, and securities under other Articles; priority of interests infinancial assets and security entitlements under Article 8.
(a) Rights underArticles 3, 7, and 8 not limited. This Article does not limit the rights of aholder in due course of a negotiable instrument, a holder to which a negotiabledocument of title has been duly negotiated, or a protected purchaser of asecurity. These holders or purchasers take priority over an earlier securityinterest, even if perfected, to the extent provided in Articles 3, 7, and 8 ofthis Chapter.
(b) Protection underArticle 8. This Article does not limit the rights of or impose liability on aperson to the extent that the person is protected against the assertion of aclaim under Article 8 of this Chapter.
(c) Filing not notice. Filing under this Article does not constitute notice of a claim or defense tothe holders, or purchasers, or persons described in subsections (a) and (b) ofthis section. (1961, c. 574; 1965, c. 700, s. 1; 1975, c. 862, s. 7;1989 (Reg. Sess., 1990), c. 1024, s. 8(m), (n); 1997‑181, s. 14; 2000‑169,s. 1.)
§25‑9‑331. Priority of rights of purchasers of instruments,documents, and securities under other Articles; priority of interests infinancial assets and security entitlements under Article 8.
(a) Rights underArticles 3, 7, and 8 not limited. This Article does not limit the rights of aholder in due course of a negotiable instrument, a holder to which a negotiabledocument of title has been duly negotiated, or a protected purchaser of asecurity. These holders or purchasers take priority over an earlier securityinterest, even if perfected, to the extent provided in Articles 3, 7, and 8 ofthis Chapter.
(b) Protection underArticle 8. This Article does not limit the rights of or impose liability on aperson to the extent that the person is protected against the assertion of aclaim under Article 8 of this Chapter.
(c) Filing not notice. Filing under this Article does not constitute notice of a claim or defense tothe holders, or purchasers, or persons described in subsections (a) and (b) ofthis section. (1961, c. 574; 1965, c. 700, s. 1; 1975, c. 862, s. 7;1989 (Reg. Sess., 1990), c. 1024, s. 8(m), (n); 1997‑181, s. 14; 2000‑169,s. 1.)
§25‑9‑331. Priority of rights of purchasers of instruments,documents, and securities under other Articles; priority of interests infinancial assets and security entitlements under Article 8.
(a) Rights underArticles 3, 7, and 8 not limited. This Article does not limit the rights of aholder in due course of a negotiable instrument, a holder to which a negotiabledocument of title has been duly negotiated, or a protected purchaser of asecurity. These holders or purchasers take priority over an earlier securityinterest, even if perfected, to the extent provided in Articles 3, 7, and 8 ofthis Chapter.
(b) Protection underArticle 8. This Article does not limit the rights of or impose liability on aperson to the extent that the person is protected against the assertion of aclaim under Article 8 of this Chapter.
(c) Filing not notice. Filing under this Article does not constitute notice of a claim or defense tothe holders, or purchasers, or persons described in subsections (a) and (b) ofthis section. (1961, c. 574; 1965, c. 700, s. 1; 1975, c. 862, s. 7;1989 (Reg. Sess., 1990), c. 1024, s. 8(m), (n); 1997‑181, s. 14; 2000‑169,s. 1.)
