North Dakota Code § 41-09-46

(9-326) Priority of security interests created by new debtor
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1. Subject to subsection 2, a security interest that is created by a new debtor in collateral 
in which the new debtor has or acquired rights and perfected by a filed financing 
statement that would be ineffective to perfect the security interest but for the 
application of section 41 -09-79 or of section 41 -09-79 and subdivision a of 
subsection 9 of section 41 -09-36 is subordinate to a security interest in the same 
collateral which is perfected other than by such a filed financing statement.
2. The other provisions of this part determine the priority among conflicting security 
interests in the same collateral perfected by filed financing statements described in 
subsection 1. However, if the security agreements to which a new debtor became 
bound as debtor were not entered into by the same original debtor, the conflicting 
security interests rank according to priority in time of the new debtor's having become 
bound.

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