2011 Kansas Code
Chapter 84. - UNIFORM COMMERCIAL CODE
Article 9. - SECURED TRANSACTIONS
84-9-327 Priority of security interests in deposit account.
84-9-327. Priority of security interests in deposit account. 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 K.S.A. 2010 Supp. 84-9-104 and amendments thereto 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), security interests perfected by control under K.S.A. 2010 Supp. 84-9-314 and amendments thereto rank according to priority in time of obtaining control.
(3) Except as otherwise provided in paragraph (4), 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 K.S.A. 2010 Supp. 84-9-104(a)(3) and amendments thereto has priority over a security interest held by the bank with which the deposit account is maintained.
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