WVC 46 - 9 - 331
PART 3. PERFECTION AND PRIORITY.
§46-9-331. Priority of rights of purchasers of instruments,
documents, and securities under other articles;
priority of interests in financial assets and
security entitlements under article eight.
(a) Rights under articles three, seven and eight 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 or a protected purchaser of a
security. These holders or purchasers take priority over an
earlier security interest, even if perfected, to the extent
provided in articles three, seven and eight.
(b) Protection under article eight. 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
(c) Filing not notice. Filing under this article does not
constitute notice of a claim or defense to the holders, or
purchasers, or persons described in subsections (a) and (b) of this