Legislation
SECTION 9-326A
Priority of Security Interest in Controllable Account, Controllable Electronic Record, and Controllable Payment Intangible
Uniform Commercial Code (UCC) CHAPTER 38, ARTICLE 9, PART 3, SUBPART 3
* Section 9-326A. 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.
* NB Effective June 3, 2026
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.
* NB Effective June 3, 2026