(a) Public act 01-132* determines the priority of conflicting claims to collateral. However, if the relative priorities of the claims were established before October 1, 2001, sections 42a-9-101 to 42a-9-507, inclusive, of the general statutes, revision of 1958, revised to January 1, 2001, determine priority.(b) For purposes of subsection (a) of section 42a-9-322, the priority of a security interest that becomes enforceable under section 42a-9-203 dates from October 1, 2001, if the security interest is perfected under public act 01-132* by the filing of a financing statement before October 1, 2001, which would not have been effective to perfect the security interest under sections 42a-9-101 to 42a-9-507, inclusive, of the general statutes, revision of 1958, revised to January 1, 2001. This subsection does not apply to conflicting security interests each of which is perfected by the filing of such a financing statement.(P.A. 01-132, S. 133.)*Note: Public act 01-132 is entitled 'An Act Adopting Revised Article 9 of the Uniform Commercial Code Concerning Secured Transactions'. (See Reference Table captioned 'Public Acts of 2001' in Volume 16 which lists the sections amended, created Adopting Revised Article 9 of the Uniform Commercial Code Concerning Secured Transactions'. (See Reference Table captioned 'Public Acts of 2001' in Volume 16 which lists the sections amended, created or repealed by the act.)
Connecticut Legal Code