Sec. 326.1. A security interest in a controllable account, a controllable electronic record, or a 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.
Ind. Code § 26-1-9.1-326.1
Priority of security interest in controllable account, controllable electronic record, or controllable payment intangible
Known as the Uniform Commercial Code
The act spans §§ 26-1-1-0.2 to 26-1-9.1-902 (630 sections).
As added by P.L.199-2023, SEC.65.
Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.