REG: PMSI Questions

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  • January 27, 2015 at 7:44 am #191651
    SpartanRebel
    Member

    Can there be more than one PMSI on Noninventory at a time?

    I ask because after I read R7-36 in Becker, I think to myself: Why wouldn’t everyone just file a PMSI with their Secretary of State?

    And if everyone did file a PMSI on noninventory, then who would be the ranking PMSI? Whoever perfected their PMSI first?

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  • January 27, 2015 at 7:57 am #643453
    Ninja Juice
    Participant

    When everyone has perfected, the first to file has priority.

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