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.

Note: 79A.3263 was added to and made a part of ORS chapter 79A by legislative action but was not added to any smaller series therein. See Preface to Oregon Revised Statutes for further explanation.

[2025 c.33 §70]