R.I. Gen. Laws § 6A-11-306

Current through 2024 Public Law 457
Section 6A-11-306 - Priority of claims when priority rules of chapter 9 do not apply
(a) Determination of priority. Subject to subsections (b) and (c) of this section, chapter 12 of title 6A determines the priority of conflicting claims to chapter 12 of title 6A property when the priority rules of chapter 9 of title 6A as amended by the amendatory act do not apply.
(b) Established priorities. Subject to subsection (c) of this section, when the priority rules of chapter 9 of title 6A as amended by the amendatory act do not apply and the priorities of claims to chapter 12 of title 6A property were established before January 1, 2024, law other than chapter 12 of title 6A determines priority.
(c) Determination of certain priorities on adjustment date. When the priority rules of chapter 9 of title 6 A as amended by the amendatory act do not apply, to the extent the priorities determined by the amendatory act modify the priorities established before January 1, 2024, the priorities of claims to Chapter 12 of title 6A property established before January 1, 2024, cease to apply on the adjustment date.

PART 4

R.I. Gen. Laws § 6A-11-306

Added by 2024 Pub. Laws, ch. 65,§ 12, eff. 6/10/2024.
Added by 2024 Pub. Laws, ch. 66,§ 12, eff. 6/10/2024.