Missouri Laws 400.9-809 – Priority
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Terms Used In Missouri Laws 400.9-809
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
This act determines the priority of conflicting claims to collateral. However, if the relative priorities of the claims were established before this act takes effect, article 9 as it existed before amendment determines priority.