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§ 45-29-327 — Alaska Law | CourtGPT
  1. Home/
  2. Laws/
  3. Alaska/
  4. Title 45 - Trade and Commerce/
  5. Chapter 29 - Secured Transactions/
  6. Article 3 - Perfection and Priority.sec. 45.29.301. Law Governing Perfection and Priority of Security Interests/
  7. § 45-29-327
Alaska Legal Code

§ 45-29-327

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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 AS 45.29.104 has priority over a conflicting security interest held by a secured party that does not have control; (2) except as otherwise provided in (3) and (4) of this section, security interests perfected by control under AS 45.29.314 rank according to priority in time of obtaining control; (3) except as otherwise provided in (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 AS 45.29.104(a)(3) has priority over a security interest held by the bank with which the deposit account is maintained.