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§ 46-9-327 — West Virginia Law | CourtGPT
  1. Home/
  2. Laws/
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  4. Chapter 46 - Uniform Commercial Code/
  5. Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper§46-9-101. Short Title/
  6. § 46-9-327
West Virginia Legal Code

§ 46-9-327

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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 section 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) of this section, security interests perfected by control under section 9-314 rank according to priority in time of obtaining control.(3) Except as otherwise provided in paragraph (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 section 9-104(a)(3) has priority over a security interest held by the bank with which the deposit account is maintained.