§ 9326.1
46 words·~1 min read·
/ca/commercial-code/9326-1A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A security interest in a controllable account, controllable electronic record, or controllable payment intangible held by a secured party having control of the account, electronic record, or payment intangible has priority over a conflicting security interest held by a secured party that does not have control.