84-9-327. Priority of security interests in deposit account.
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/ks/chapter-84/84-9-327A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
84-9-327. 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 K.S.A. 2025 Supp. 84-9-104 , and amendments thereto, 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), security interests perfected by control under K.S.A. 2025 Supp. 84-9-314 , and amendments thereto, rank according to priority in time of obtaining control.
(3)Except as otherwise provided in paragraph (4), 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 K.S.A. 2025 Supp. 84-9-104 (a)(3), and amendments thereto, has priority over a security interest held by the bank with which the deposit account is maintained.