Utah Statutes

§ 70A-9a-327 — Priority of security interests in deposit account.

Utah § 70A-9a-327
JurisdictionUtah
Title 70AUniform Commercial Code
Ch. 70A-9aUniform Commercial Code - Secured Transactions
Part 70A-9a-3Perfection and Priority

This text of Utah § 70A-9a-327 (Priority of security interests in deposit account.) is published on Counsel Stack Legal Research, covering Utah primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Utah Code Ann. § 70A-9a-327 (2026).

Text

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 Section 70A-9a-104 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 Section 70A-9a-314 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 Subsection 70A-9a-104(1)(c) has prio

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Legislative History

Enacted by Chapter 252, 2000 General Session

Nearby Sections

15
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Bluebook (online)
Utah § 70A-9a-327, Counsel Stack Legal Research, https://law.counselstack.com/statute/ut/70A-9a-327.