A perfected security interest will take priority over an unperfected security interest even if the unperfected security interest attached first.

Question

Quizplus · Accepted Answer

This is known as the "first-to-perfect" rule in UCC Article 9, which gives priority to the first security interest that is perfected. Regardless of which security interest attached first, the perfected security interest will have priority over an unperfected security interest.

A Perfected Security Interest Will Take Priority Over an Unperfected