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Can you summarize NVRS 104.9327?
Uniform Commercial CodeOriginal Articles > Priority among conflicting security interests in same deposit account.
Short Summary
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 NRS 104.9104 has priority over a conflicting security interest held by a secured party that does not have control. 2.Except as otherwise provided in subsections 3 and 4, security interests perfected by control under NRS 104.9314 rank according to priority in time of obtaining control. 3.Except as otherwise provided in subsection 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 paragraph (c) of subsection 1 of NRS 104.9104 has priority over a security interest held by the bank with which the deposit account is maintained. (Added to NRS by 1999, 317)
Jurisdiction
Nevada