554.9326A Priority of security interests in controllable account, controllable electronic record, and controllable payment intangible.
46 words·~1 min read·
/ia/chapter-554-uniform-commercial-code/554-9326aA 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.