California Commercial Code

§ 9326.1

COM § 9326.1 Effective Jan 1, 2024Div. 9 · Ch. 3

Statute text

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.

Legislative history

Added by Stats. 2023, Ch. 210, Sec. 50. (SB 95) Effective January 1, 2024.