§ 9907 Priority Of Conflicting Claims

• •This law decides who gets paid first if multiple people claim the same property (like a car or house) as payment for a debt.
• •If the rules for who gets paid first were set before January 1, 2015, the old rules apply.
• •If the rules were set after January 1, 2015, the new rules apply.

Imagine two banks both say they should get paid first from selling your car because you owe them money.

If the banks agreed on who gets paid first before 2015, the old rules decide. If they agreed after 2015, the new rules decide.