Ohio § 1309.327
Full text of Ohio Ohio Revised Code § 1309.327, with citation guidance and answers to common questions.
§ 1309.327.
The following rules govern priority among conflicting security interests in the same
deposit account: (A) A security interest held by a secured party having control of the deposit account
under section 1309.104 of the Revised Code has priority over a conflicting security interest held by a secured party that does
not have control. (B) Except as otherwise provided in divisions (C) and (D) of this section, security interests
perfected by control under section 1309.314 of the Revised Code rank according to priority in time of obtaining control. (C) Except as otherwise provided in division (D) 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. (D) A security interest perfected by control under division (A)(3) of section 1309.104 of the Revised Code has priority over a security interest held by the bank with which the deposit account
is maintained.
Frequently Asked Questions About Ohio § 1309.327
What does Ohio Revised Code § 1309.327 cover?
Section 1309.327 is part of the Ohio Revised Code, the codified statutory law of Ohio. 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 Ohio § 1309.327?
A common citation format is "Ohio Revised Code § 1309.327" (Ohio). 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 Ohio law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Ohio official source linked on this page or consult a licensed Ohio attorney.
How does Ohio § 1309.327 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Ohio 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 Ohio.