Oklahoma Statutes

Okla. Stat. tit. 12A, § 1-9-327 (2026)

Priority of security interests in deposit account

✓ current as of July 2026
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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 1-9-104 of this title 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) of this section, security interests perfected by control under Section 1-9-314 of this title rank according to priority in time of obtaining control. (3) Except as otherwise provided in paragraph (4) of this section, 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 (3) of subsection (a) of Section 1-9-104 of this title has priority over a security interest held by the bank with which the deposit account is maintained. Added by Laws 2000, c. 371, § 54, eff. July 1, 2001.

Notes of Decisions
Cited in 1 case, 2008–2008 · leading case: Arvest Bank v. SpiritBank, N.A., 2008 OK CIV APP 55, 191 P.3d 1228.
Arvest Bank v. SpiritBank, N.A., 2008 OK CIV APP 55, 191 P.3d 1228. · cites it 3× “Effective July 1, 2001, as the Oklahoma Comments to 12A O.S.2001 § 1-9-327 state, the former priority rules in Oklahoma changed, and a depositary institution may “achieve priority over competing secured parties tracing the proceeds of their security interests into the deposit…”
Okla. Stat. tit. 12A, § 1-9-327(1): 1 case
Arvest Bank v. SpiritBank, N.A., 2008 OK CIV APP 55, 191 P.3d 1228. “Effective July 1, 2001, as the Oklahoma Comments to 12A O.S.2001 § 1-9-327 state, the former priority rules in Oklahoma changed, and a depositary institution may “achieve priority over competing secured parties tracing the proceeds of their security interests into the deposit…”
Okla. Stat. tit. 12A, § 1-9-327(3): 1 case
Arvest Bank v. SpiritBank, N.A., 2008 OK CIV APP 55, 191 P.3d 1228. “Effective July 1, 2001, as the Oklahoma Comments to 12A O.S.2001 § 1-9-327 state, the former priority rules in Oklahoma changed, and a depositary institution may “achieve priority over competing secured parties tracing the proceeds of their security interests into the deposit…”
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.