104.9327 - Priority among conflicting security interests in same deposit account.

104.9327  Priority among conflicting security interests in same 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 NRS 104.9104 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, security interests perfected by control under NRS 104.9314 rank according to priority in time of obtaining control.

      3.  Except as otherwise provided in subsection 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 paragraph (c) of subsection 1 of NRS 104.9104 has priority over a security interest held by the bank with which the deposit account is maintained.

      (Added to NRS by 1999, 317)