Priority of Security Interest in Controllable Account, Controllable Electronic Record, and Controllable Payment Intangible.
Ala. Code § 7-9A-326A
in effect7-9A-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.
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(Act 2023-492, §2.)
Source: Alabama Legislature (alison.legislature.state.al.us)URL: https://alison.legislature.state.al.us/code-of-alabama#7-9A-326AFetched: 10/20/2026
