B. Subject to subsection C of this section and except as otherwise provided in subsection G of this section, a perfected purchase money security interest in inventory has priority over a conflicting security interest in the same inventory, has priority over a conflicting security interest in chattel paper or an instrument constituting proceeds of the inventory and in proceeds of the chattel paper, if so provided in section 47-9330, and, except as otherwise provided in section 47-9327, also has priority in identifiable cash proceeds of the inventory to the extent the identifiable cash proceeds are received on or before the delivery of the inventory to a buyer, if:

1. 1. The purchase money security interest is perfected when the debtor receives possession of the inventory;
2. 2. The purchase money secured party sends an authenticated notification to the holder of the conflicting security interest;
3. 3. The holder of the conflicting security interest receives the notification within five years before the debtor receives possession of the inventory; and
4. 4. The notification states that the person sending the notification has or expects to acquire a purchase money security interest in inventory of the debtor and describes the inventory.

C. Subsection B, paragraphs 2, 3 and 4 of this section apply only if the holder of the conflicting security interest had filed a financing statement covering the same types of inventory:

1. 1. If the purchase money security interest is perfected by filing, before the date of the filing; or
2. 2. If the purchase money security interest is temporarily perfected without filing or possession under section 47-9312, subsection F, before the beginning of the twenty day period thereunder.

D. Subject to subsection E of this section and except as otherwise provided in subsection G of this section, a perfected purchase money security interest in livestock that are farm products has priority over a conflicting security interest in the same livestock, and, except as otherwise provided in section 47-9327, a perfected security interest in their identifiable proceeds and identifiable products in their unmanufactured states also has priority, if:

1. 1. The purchase money security interest is perfected when the debtor receives possession of the livestock;
2. 2. The purchase money secured party sends an authenticated notification to the holder of the conflicting security interest;
3. 3. The holder of the conflicting security interest receives the notification within six months before the debtor receives possession of the livestock; and
4. 4. The notification states that the person sending the notification has or expects to acquire a purchase money security interest in livestock of the debtor and describes the livestock.

E. Subsection D, paragraphs 2, 3 and 4 of this section apply only if the holder of the conflicting security interest had filed a financing statement covering the same types of livestock:

1. 1. If the purchase money security interest is perfected by filing, before the date of the filing; or
2. 2. If the purchase money security interest is temporarily perfected without filing or possession under section 47-9312, subsection F, before the beginning of the twenty day period thereunder.

G. If more than one security interest qualifies for priority in the same collateral under subsection A, B, D or F of this section:

1. 1. A security interest securing an obligation incurred as all or part of the price of the collateral has priority over a security interest securing an obligation incurred for value given to enable the debtor to acquire rights in or the use of collateral; and
2. 2. In all other cases, section 47-9322, subsection A applies to the qualifying security interests.