When After-Acquired Collateral Not Security for Antecedent

13 GCA § 9108, under Secured Transactions; Sales of Accounts and Chattel Paper.

13 GCA § 9108

Debt. Where a secured party makes an advance, incurs an obligation, releases a perfected security interest, or otherwise gives new value which is to be secured in whole or in part by afteracquired property his security interest in the afteracquired collateral shall be deemed to be taken for new value and not as security for an antecedent debt if the debtor acquires his rights in such collateral either in the ordinary course of his business or under a contract of purchase made pursuant to the security agreement within a reasonable time after new value is given.