Sec. 42a-9-327. Priority of security interests in deposit account. - Connecticut Statutes

      Sec. 42a-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 section 42a-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 subdivisions (3) and (4), security interests perfected by control under section 42a-9-314 rank according to priority in time of obtaining control.

      (3) Except as otherwise provided in subdivision (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 subdivision (3) of subsection (a) of section 42a-9-104 has priority over a security interest held by the bank with which the deposit account is maintained.

      (P.A. 01-132, S. 47.)