Maryland Statutes

§ 9-327

Maryland·Article gcl Commercial Law·Title 9

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 § 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 paragraphs (3) and (4), security interests perfected by control under § 9-314 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 § 9-104(a)(

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Nearby Sections

15
§ 9-101
§ 9-101
§ 9-102
§ 9-102
§ 9-103
§ 9-103
§ 9-104
§ 9-104
§ 9-105
§ 9-105
§ 9-106
§ 9-106
§ 9-107
§ 9-107
§ 9-108
§ 9-108
§ 9-109
§ 9-109
§ 9-110
§ 9-110
§ 9-201
§ 9-201
§ 9-202
§ 9-202
§ 9-203
§ 9-203
§ 9-204
§ 9-204
§ 9-205
§ 9-205
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