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Utah · Through 2026 General Session

Utah Code § 70A-9a-327: Priority of security interests in deposit account.

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Where this section sits in the code
  1. Title 70A Uniform Commercial Code
  2. Chapter 70A-9a Uniform Commercial Code - Secured Transactions
  3. Part 70A-9a-3 Perfection and Priority

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

Collected 2026-09-03T11:34:34Z. Source file · JSON

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