70A-9a-326.1. Priority of security interest in controllable account, controllable electronic record, and controllable payment intangible.
71 words·~1 min read·
/ut/title-70a/chapter-9a/70a-9a-326-1A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Effective 5/6/2026
70A-9a-326.1. Priority of security interest in controllable account, controllable electronic record, and controllable payment intangible.
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.
Enacted by Chapter 322 , 2026 General Session