Priority: SI vs. Judicial/Statutory Lien

Question 1

Perfected SI vs. Lien Creditor

Answer 1

Perfected SI takes priority

Question 2

Unperfected SI vs. Lien Creditor

Answer 2

Lien creditor takes priority

Question 3

Secured Party vs. Secured Party Over Future Advances

Answer 3

Priority to first party to FILE OR PERFECT with respect to future advances, even if that secured party has KNOWLEDGE of the competing SI when the future advance is made