{"data":{"id":"us-il/810-ilcs-5-9-327","jurisdiction":"us-il","citation":"810 ILCS 5/9-327","heading":"Priority of security interests in deposit account.","body":"The following rules govern priority among conflicting security interests in the same deposit account:\n(1) A security interest held by a secured party having control of the deposit account under Section 9-104 has priority over a conflicting security interest held by a secured party that does not have control.\n(2) Except as otherwise provided in paragraphs (3) and (4), security interests perfected by control under Section 9-314 rank according to priority in time of obtaining control.\n(3) Except as otherwise provided in paragraph (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.\n(4) A security interest perfected by control under Section 9-104(a)(3) has priority over a security interest held by the bank with which the deposit account is maintained.","path":["CHAPTER 810 COMMERCIAL CODE","Uniform Commercial Code."],"source_url":"https://www.ilga.gov/legislation/ILCS/details?ActID=2301\u0026ChapterID=66\u0026ChapAct=FullText\u0026Print=True","current_through":"at least Public Act 104-790","vintage":"","retrieved_at":"2026-09-15T04:46:47Z","sha256":"0847396142cdcbc964fe94967bae7c26d08b459184924a6ae3e33712e3b50a6e","source_id":"us-il","stale":false,"prev":"us-il/810-ilcs-5-9-326a","next":"us-il/810-ilcs-5-9-328"},"notice":"GroundRules: Original legal text. Not legal advice."}