Section 355.9-NEW - [Newly enacted section not yet numbered] [Effective 1/1/2025]

Current through Acts Received April 24, 2024
Section 355.9-NEW - [Newly enacted section not yet numbered] [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.

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