California · Commercial Code

COM §14107: Except as otherwise provided in this division, this code as it existed prior to January 1, 1976, shall apply to any questions of priority if the positions of the parties were fixed prior to January 1,

What this law says, in plain English

This statute applies prior law to priority questions when parties' positions were established before January 1, 1976, except where this division provides otherwise.

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Except as otherwise provided in this division, this code as it existed prior to January 1, 1976, shall apply to any questions of priority if the positions of the parties were fixed prior to January 1, 1976. In other cases questions of priority shall be determined by this code as amended by the Legislature at the 1973–74 Regular Session.

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