Priority of security interest in controllable account, controllable electronic record, and controllable payment intangible. [Effective September 1, 2026.]

Ark. Code Ann. § 4-9-326A — under — Perfection and Priority.

Ark. Code Ann. § 4-9-326A

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.