Kansas § 84-9-327 Priority of security interests in deposit account

Kansas Statutes

§ 84-9-327 — Priority of security interests in deposit account

Kansas·Ch. 84 UNIFORM COMMERCIAL CODE·Art. 9 SECURED TRANSACTIONS

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 K.S.A. 2024 Supp. 84-9-104, and amendments thereto, has priority over a conflicting security interest held by a secured party that does not have control.

(2)Except as otherwise provided in paragraphs (3) and (4), security interests perfected by control under K.S.A. 2024 Supp. 84-9-314, and amendments thereto, rank according to priority in time of obtaining control.

(3)Except as otherwise provided in paragraph (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

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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 K.S.A. 2024 Supp. 84-9-104, and amendments thereto, has priority over a conflicting security interest held by a secured party that does not have control.
(2) Except as otherwise provided in paragraphs (3) and (4), security interests perfected by control under K.S.A. 2024 Supp. 84-9-314, and amendments thereto, rank according to priority in time of obtaining control.
(3) Except as otherwise provided in paragraph (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 K.S.A. 2024 Supp. 84-9-104(a)(3), and amendments thereto, has priority over a security interest held by the bank with which the deposit account is maintained.

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