Statute · New York Uniform Commercial Code

N.Y. U.C.C. Law § 9-326a — Priority of Security Interest in Controllable Account, Controllable Electronic Record, and Controllable Payment Intangible

N.Y. U.C.C. Law § 9-326a

Type
Statute
Source
New York Uniform Commercial Code
Jurisdiction
New York
Current through
Nov 5, 2026 (NY Senate Open Legislation)

Section 9-326A. Priority of Security Interest in Controllable Account,

Citator

N.Y. U.C.C. Law § 9-326a — Priority of Security Interest in Controllable Account, Controllable Electronic Record, and Controllable Payment Intangible is in force in the current edition of the Code, and nothing recorded condemns it.

Section 9-326A. Priority of Security Interest in Controllable Account,

Controllable Electronic Record, and Controllable

Payment Intangible.

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.