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§ 490-9-327 — Hawaii Law | CourtGPT
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  4. Title 27 - Uniform Commercial Code490. Uniform Commercial Code490:1-101 to 490:1-208 Repealed. §490:1-101 Short Title/
  5. Chapter 490/
  6. § 490-9-327
Hawaii Legal Code

§ 490-9-327

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§490:9-327 Priority of security interests in deposit account. 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 490:9-104 has priority over a conflicting security interest held by a secured party that does not have control. (2) Except as otherwise provided in paragraphs (3) and (4), security interests perfected by control under section 490:9-314 rank according to priority in time of obtaining control. (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. (4) A security interest perfected by control under section 490:9-104(a)(3) has priority over a security interest held by the bank with which the deposit account is maintained. [L 2000, c 241, pt of §1]