A security interest in a controllable account, controllable electronic record, or 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.
Utah Code § 70A-9a-326.1
Priority of security interest in controllable account, controllable electronic record, and controllable payment intangible
Known as the Uniform Commercial Code
The act spans §§ 70A-12-101 to 70A-9a-904 (293 sections).
Enacted by Chapter 322, 2026 General Session
Official source: Utah State Legislature. Reproduced from public-domain Utah statutes; confirm against the official source for the current text. Not legal advice.