(9-709) Priority
N.D. Cent. Code § 41-09-131
in effect41-09-131. (9-709) Priority
1. This chapter determines the priority of conflicting claims to collateral. However, if the
relative priorities of the claims were established before July 1, 2001, the former
chapter 41-09 determines priority.
2. For purposes of subsection 1 of section 41-09-42, the priority of a security interest that
becomes enforceable under section 41-09-13 dates from July 1, 2001, if the security
interest is perfected under this chapter by the filing of a financing statement before
July 1, 2001, which would not have been effective to perfect the security interest under
the former chapter 41-09. This subsection does not apply to conflicting security
interests each of which is perfected by the filing of such a financing statement.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t41c09.pdf#nameddest=41-09-131Fetched: 10/16/2026