A creditor with a perfected security interest has rights in the collateral superior to those of a creditor with an unperfected security interest, but only if the unperfected security interest has not attached.

Question

Quizplus · Accepted Answer

A perfected security interest generally has priority over an unperfected security interest, regardless of whether the unperfected interest has attached or not.

A Creditor with a Perfected Security Interest Has Rights in the Collateral