RCW 62A.9A-327

RCW 62A.9A-327: Priority of security interests in deposit account.

Last amended: 2000Year: 2026Length: 144 wordsOfficial source
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 RCW 62A.9A-104 has priority over a conflicting security interest held by a secured party that does not have control. (2) Except as otherwise provided in [subsections] (3) and (4) of this section, security interests perfected by control under RCW 62A.9A-314 rank according to priority in time of obtaining control. (3) Except as otherwise provided in [subsection] (4) of this section, 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 RCW 62A.9A-104 (a)(3) has priority over a security interest held by the bank with which the deposit account is maintained.
RCW 62A.9A-327: RCW 62A.9A-327: Priority of security interests in deposit account. | Justis AI