810 ILCS 5/9-326A

(810 ILCS 5/9-326A)

(This Section may contain text from a Public Act with a delayed effective date)

Sec. 9-326A. Priority of security interest in controllable account, controllable electronic record, and controllable payment intangible. 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.

(Source: P.A. 103-1036, eff. 1-1-25.)