N.Y. Uniform Commercial Code Law § 9-326a: Priority of Security Interest in Controllable Account, Controllable Electronic Record, and Controllable Payment Intangible

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.