Michigan § 440.9327 - Priority of security interests in deposit account.
Full text of Michigan Michigan Compiled Laws § 440.9327 — Priority of security interests in deposit account., with citation guidance and answers to common questions.
§ 440.9327. Priority of security interests in deposit account.
The following rules govern priority among conflicting security interests in the same deposit account:
A security interest held by a secured party having control of the deposit account under section 9104 has priority over a conflicting security interest held by a secured party that does not have control.
Except as otherwise provided in subdivisions (c) and (d), security interests perfected by control under section 9314 rank according to priority in time of obtaining control.
Except as otherwise provided in subdivision (d), 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.
A security interest perfected by control under section 9104(1)(c) has priority over a security interest held by the bank with which the deposit account is maintained.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 440.9327
What does Michigan Compiled Laws § 440.9327 cover?
Section 440.9327 ("Priority of security interests in deposit account.") is part of the Michigan Compiled Laws, the codified statutory law of Michigan. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Michigan § 440.9327?
A common citation format is "Michigan Compiled Laws § 440.9327" (Michigan). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Michigan law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Michigan official source linked on this page or consult a licensed Michigan attorney.
How does Michigan § 440.9327 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Michigan can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Michigan.