Okla. Stat. tit. 12A, § 12A-1-9-327
This is the official text of Okla. Stat. tit. 12A, § 12A-1-9-327, part of Oklahoma’s Stat. tit. 12A, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 12A,." Browse the sections below, each linked to its official government source.
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Priority of security interests in deposit account
Official statutory text
PRIORITY OF SECURITY INTERESTS IN DEPOSIT ACCOUNT
Oklahoma Statutes - Title 12A. Uniform Commercial Code Page 87
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 1-9-104 of this title 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) of
this section, security interests perfected by control under Section
1-9-314 of this title rank according to priority in time of
obtaining control.
(3) Except as otherwise provided in paragraph (4) of this
section, 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 paragraph
(3) of subsection (a) of Section 1-9-104 of this title has priority
over a security interest held by the bank with which the deposit
account is maintained.
Oklahoma Statutes - Title 12A. Uniform Commercial Code Page 87
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 1-9-104 of this title 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) of
this section, security interests perfected by control under Section
1-9-314 of this title rank according to priority in time of
obtaining control.
(3) Except as otherwise provided in paragraph (4) of this
section, 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 paragraph
(3) of subsection (a) of Section 1-9-104 of this title has priority
over a security interest held by the bank with which the deposit
account is maintained.
Status: in_force · Read it on the official government site
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