Sec. 42a-9-327. Priority of security interests in deposit account.
Sec. 42a-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 section 42a-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 subdivisions (3) and (4), security interests perfected by control under section 42a-9-314 rank according to priority in time of obtaining
control.
(3) Except as otherwise provided in subdivision (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 subdivision (3) of subsection (a)
of section 42a-9-104 has priority over a security interest held by the bank with which
the deposit account is maintained.
(P.A. 01-132, S. 47.)