Republic Acts1 min read
Section 17Sec./Art. 17
Personal notes Saved on this device
0 / 5,000 charactersReport page issue
Answer First
Primary Text
Priority Rules. The priority of security interests and liens in the same collateral shall be determined according to time of registration of a notice or perfection by other means, without regard to the order of creation of the security interests and liens.
Use With Care
Definitions and exceptions often appear before or after this text.
Court decisions may interpret, limit, or apply this provision.
Confirm amendment, repeal, effectivity, and official publication.