Statutes, codes, and regulations
Kentucky Revised Statutes
Title 29 - COMMERCE AND TRADEChapter 355 - UNIFORM COMMERCIAL CODEArticle 355.9 - SECURED TRANSACTIONS - SALES OF ACCOUNTS, CONTRACT RIGHTS, AND CHATTEL PAPERPart 1 - GENERAL PROVISIONS
Subpart 1 - SHORT TITLE, DEFINITIONS, AND GENERAL CONCEPTS
Section 355.9-3261 - Priority of security interest in controllable account, controllable electronic record, and controllable payment intangible [Effective 1/1/2025]

Ky. Rev. Stat. § 355.9-3261

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Current through 2024 Ky. Acts ch. 225
Section 355.9-3261 - Priority of security interest in controllable account, controllable electronic record, and controllable payment intangible [Effective 1/1/2025]

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.

KRS 355.9-3261

Added by 2024 Ky. Acts ch. 10,§ 70, eff. 1/1/2025.