1. A secured party has control of a deposit account if: (a) The secured party is the bank with which the deposit account is maintained; (b) The debtor, secured party and bank have agreed in a signed record that the bank will comply with instructions originated by the secured party directing disposition of the funds in the deposit account without further consent by the debtor; (c) The secured party becomes the banks customer with respect to the deposit account; or (d) Another person, other than the debtor: (1) Has control of the deposit account and acknowledges that it has control on behalf of the secured party; or (2) Obtains control of the deposit account after having acknowledged that it will obtain control of the deposit account on behalf of the secured party. 2. A secured party that has satisfied subsection 1 has control, even if the debtor retains the right to direct the disposition of funds from the deposit account.
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