Alabama Statutes

§ 7-9A-326A — Priority of Security Interest in Controllable Account, Controllable Electronic Record, and Controllable Payment Intangible

Alabama·Title 7 Commercial Code·Art. 9A Secured Transactions·Div. 3 Priority·Part 3 Perfection and Priority
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.

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Alabama § 7-9A-326A (Priority of Security Interest in Controllable Account, Controllable Electronic Record, and Controllable Payment Intangible) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

(Act 2023-492, §2.)

Nearby Sections

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