New York § 9-327 Priority of Security Interests in Deposit Account

New York Statutes

§ 9-327 — Priority of Security Interests in Deposit Account

New York § 9-327

JurisdictionNew York

Law UCCUniform Commercial Code

Part 3Perfection and Priority

Subpart 3Priority

Art. 9Secured Transactions

This text of New York § 9-327 (Priority of Security Interests in Deposit Account) is published on Counsel Stack Legal Research, covering New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.Y. Uniform Commercial Code § 9-327 (2026).

Text

Section 9--327. Priority of Security Interests in Deposit Account.\n  The following rules govern priority among conflicting security\ninterests in the same deposit account:\n  (a) A security interest held by a secured party having control of the\ndeposit account under Section 9--104 has priority over a conflicting\nsecurity interest held by a secured party that does not have control.\n  (b) Except as otherwise provided in subsections (c) and (d), security\ninterests perfected by control under Section 9--314 rank according to\npriority in time of obtaining control.\n  (c) Except as otherwise provided in subsection (d), a security\ninterest held by the bank with which the deposit account is maintained\nhas priority over a conflicting security interest held by another\nsecured party.\n  (d) A

Free access — add to your briefcase to read the full text and ask questions with AI

Section 9--327. Priority of Security Interests in Deposit Account.\n The following rules govern priority among conflicting security\ninterests in the same deposit account:\n (a) A security interest held by a secured party having control of the\ndeposit account under Section 9--104 has priority over a conflicting\nsecurity interest held by a secured party that does not have control.\n (b) Except as otherwise provided in subsections (c) and (d), security\ninterests perfected by control under Section 9--314 rank according to\npriority in time of obtaining control.\n (c) Except as otherwise provided in subsection (d), a security\ninterest held by the bank with which the deposit account is maintained\nhas priority over a conflicting security interest held by another\nsecured party.\n (d) A security interest perfected by control under Section\n9--104(a)(3) has priority over a security interest held by the bank with\nwhich the deposit account is maintained.\n