§ 9–327
Statutes in effect as of October 1, 2026.
Md. Code Ann., Com. Law § 9-327 (2026)
Title 9. Secured Transactions
Subtitle 3. Perfection and Priority
§ 9–327LinkCopy Citation
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 § 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 paragraphs (3) and (4), security interests perfected by control under § 9-314 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 § 9-104(a)(3) has priority over a security interest held by the bank with which the deposit account is maintained.