Priority of rights of purchasers of controllable accounts, controllable electronic records, controllable payment intangibles, documents, instruments, and securities under other Articles — priority of interests in financial assets and security entitlements and protection against assertion of claims under Articles 8 and 14.

Priority of rights of purchasers of controllable accounts, controllable electronic records, controllable payment intangibles, documents, instruments, and securities under other Articles — priority of interests in financial assets and security entitlements and protection against assertion of claims under Articles 8 and 14 . 1. Rights under Articles 3 , 7 , 8 , and 14 not limited. This Article does not limit the rights of a holder in due course of a negotiable instrument, a holder to which a negotiable document of title has been duly negotiated, a protected purchaser of a security, or a qualifying purchaser of a controllable account, controllable electronic record, or controllable payment intangible. These holders or purchasers take priority over an earlier security interest, even if perfected, to the extent provided in Articles 3 , 7 , 8 , and 14 . 2. Protection under Articles 8 and 14 . This Article does not limit the rights of or impose liability on a person to the extent that the person is protected against the assertion of a claim under Article 8 or 14 . 3. Filing not notice. Filing under this Article does not constitute notice of a claim or defense to the holders, purchasers, or persons described in subsections 1 and 2 . 2000 Acts, ch 1149, §51, 187 ; 2022 Acts, ch 1117, §31 ; 2024 Acts, ch 1023, §73 Referred to in §554.9322 , 554.9330