355.9 -3261 Priority of security interest in controllable account, controllable electronic record, and controllable payment intangible. A security interest in a controllable account, controllable electronic record, or controllable payment intang ible 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. Effective: January 1, 2025 History: Created 2024 Ky. Acts ch. 10, sec. 70, effective January 1, 2025.
Kentucky Legal Code