HRS §490:9-327
Who gets paid first from a bank account when lenders disagree
This section sets rules for deciding which lender has first claim to money in a bank account when more than one lender has a security interest in it. Generally, the lender who controls the account wins, and the bank itself has top priority unless another lender got control in a specific way.
creditorsdebtorsfinancial institutions
The statute, as written — Priority of security interests in deposit account
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 section 490:9-104 has priority over a conflicting security interest held by a secured party that does not have control. (2) Except as otherwise provided in paragraphs (3) and (4), security interests perfected by control under section 490:9-314 rank according to priority in time of obtaining control. (3) Except as otherwise provided in paragraph (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 section 490:9-104(a)(3) has priority over a security interest held by the bank with which the deposit account is maintained.
Sections this one refers to
§490:9-104 When a lender controls a bank account
§490:9-314 How to perfect a security interest by control
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