KRS 355.9-327: Priority of security interests in deposit account.

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 KRS 355.9 -104 has priority over a conflicting security interes t held by a

secured party that does not have control.

(2) Except as otherwise provided in subsections (3) and (4) of this section, security

interests perfected by control under KRS 355.9 -314 rank according to priority in

time of obtaining control.

(3) Except as otherwise provided in subsection (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 KRS 355.9-104(1)(c) has priority over

a security interest held by the bank with which the deposit account is maintained.