PERSONAL PROPERTY SECURITIES ACT 2009 - SECT 101 Limit on value of priority of goods that become part of processed or commingled goods

Commonwealth Consolidated Acts

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PERSONAL PROPERTY SECURITIES ACT 2009 - SECT 101

Limit on value of priority of goods that become part of processed or commingled goods

Any priority that a security interest continuing in the product or mass has over another security interest in the product or mass is limited to the value of the goods on the day on which they became part of the product or mass.

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