Statute · New York Uniform Commercial Code
N.Y. U.C.C. Law § 9-337 — Priority of Security Interests in Goods Covered by Certificate of Title
N.Y. U.C.C. Law § 9-337
- Type
- Statute
- Source
- New York Uniform Commercial Code
- Jurisdiction
- New York
- Current through
- Nov 5, 2026 (NY Senate Open Legislation)
Section 9--337. Priority of Security Interests in Goods Covered by
Citator
N.Y. U.C.C. Law § 9-337 — Priority of Security Interests in Goods Covered by Certificate of Title is in force in the current edition of the Code, and nothing recorded condemns it.
Section 9--337. Priority of Security Interests in Goods Covered by
Certificate of Title.
If, while a security interest in goods is perfected by any method under the law of another jurisdiction, this state issues a certificate of title that does not show that the goods are subject to the security interest or contain a statement that they may be subject to security interests not shown on the certificate:
(a) a buyer of the goods, other than a person in the business of selling goods of that kind, takes free of the security interest if the buyer gives value and receives delivery of the goods after issuance of the certificate and without knowledge of the security interest; and
(b) the security interest is subordinate to a conflicting security interest in the goods that attaches, and is perfected under Section 9--311 (b), after issuance of the certificate and without the conflicting secured party's knowledge of the security interest.