47-9327. Priority of security interests in deposit account
The following rules govern priority among conflicting security interests in the same deposit account:
1. A security interest held by a secured party having control of the deposit account under section 47-9104 has priority over a conflicting security interest held by a secured party that does not have control.
2. Except as otherwise provided in paragraphs 3 and 4 of this section, security interests perfected by control under section 47-9314 rank according to priority in time of obtaining control.
3. Except as otherwise provided in paragraph 4 of this section, a security interest held by the bank with which the deposit account is maintained has priority over a conflicting security interest held by another secured party.
4. A security interest perfected by control under section 47-9104, subsection A, paragraph 3 has priority over a security interest held by the bank with which the deposit account is maintained.
Section: Previous 47-9320 47-9321 47-9322 47-9323 47-9324 47-9325 47-9326 47-9327 47-9328 47-9329 47-9330 47-9331 47-9332 47-9333 47-9334 NextLast modified: October 13, 2016