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 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.

Source: L. 2023: Entire section added, (SB 23-090), ch. 136, p. 556, § 65, effective August 7.