§ 6A-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 § 6A-9-104 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 § 6A-9-314 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 § 6A-9-104(a)(3)has priority over a security interest held by the bank with which the deposit account is maintained.
History of Section.P.L. 2000, ch. 182, § 6; P.L. 2000, ch. 420, § 6.
Structure Rhode Island General Laws
Title 6A - Uniform Commercial Code
Chapter 6A-9 - Secured Transactions
Part 3 - Perfection and Priority
Section 6A-9-319. - Rights and title of consignee with respect to creditors and purchasers.
Section 6A-9-320. - Buyer of goods.
Section 6A-9-323. - Future advances.
Section 6A-9-324. - Priority of purchase-money security interests.
Section 6A-9-325. - Priority of security interests in transferred collateral.
Section 6A-9-326. - Priority of security interests created by new debtor.
Section 6A-9-327. - Priority of security interests in deposit account.
Section 6A-9-328. - Priority of security interests in investment property.
Section 6A-9-329. - Priority of security interests in letter-of-credit right.
Section 6A-9-330. - Priority of purchaser of chattel paper or instrument.
Section 6A-9-332. - Transfer of money; transfer of funds from deposit account.
Section 6A-9-333. - Priority of certain liens arising by operation of law.
Section 6A-9-334. - Priority of security interests in fixtures and crops.
Section 6A-9-335. - Accessions.
Section 6A-9-336. - Commingled goods.
Section 6A-9-337. - Priority of security interests in goods covered by certificate of title.