Com. Code, § 9331 · Chapter 3. Perfection and Priority
Com. Code, § 9331
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
(a) This division 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 Division 3 (commencing with Section 3101), Division 7 (commencing with Section 7101), Division 8 (commencing with Section 8101), and Division 12 (commencing with Section 12101).
(b) This division 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 Division 8 (commencing with Section 8101) and Division 12 (commencing with Section 12101).
(c) Filing under this division does not constitute notice of a claim or defense to the holders, purchasers, or persons described in subdivisions (a) and (b).
Notes and commentary — not statutory text
History
Amended by Stats. 2023, Ch. 210, Sec. 52. (SB 95) Effective January 1, 2024.
Source of truth
- Edition
- As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
- Official file
- https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=COM§ionNum=9331.
- Text hash
- sha256 b873524a4c12b40dabb2fe14793c226f49c0051ffabcb95597cf6a6b2c645a96
- Composed by
- compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Commercial Code
- Com. Code, div. 3NEGOTIABLE INSTRUMENTSPrinted as Division 3 (commencing with Section 3101)
- Com. Code, div. 7DOCUMENTS OF TITLEPrinted as Division 7 (commencing with Section 7101)
- Com. Code, div. 8INVESTMENT SECURITIESPrinted as Division 8 (commencing with Section 8101)
- Com. Code, div. 12CONTROLLABLE ELECTRONIC RECORDSPrinted as Division 12 (commencing with Section 12101)
Cited by 2 provisions
Provisions in this library whose text cites Com. Code, § 9331. Each shows the citation as that text prints it.
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.