Law governing perfection and priority of security interests in deposit accounts

HRS §490:9-304 — under Chapter 490.

HRS §490:9-304

§490:9-304 Law governing perfection and priority of security interests in deposit accounts. (a) The local law of a bank's jurisdiction shall govern perfection, the effect of perfection or nonperfection, and the priority of a security interest in a deposit account maintained with that bank even if the transaction does not bear any relation to the bank's jurisdiction.

(b) The following rules determine a bank's jurisdiction for purposes of this part: