Code of Alabama
Ala. Code § 7-9-316 (2026)
Priority Subject to Subordination.
✓ official Alabama Legislature (ALISON) text, current July 2026
Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
(Acts 1965, No. 549, p. 811.)
Notes of Decisions
Cited in 1
case, 1985–1985 · leading case: Financeamerica Private Brands, Inc. v. Bishop (In Re Bishop), 52 B.R. 470 (Bankr. N.D. Ala. 1985).
Financeamerica Private Brands, Inc. v. Bishop (In Re Bishop), 52 B.R. 470 (Bankr. N.D. Ala. 1985). “Alabama Code Section 7-9-316 (1975) is an example of one means the code provides for a later lender to protect his interests.”
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