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Code · Alaska · Title 45 · Chapter 29

Sec. 45.29.332. Transfer of money; transfer of funds from deposit account.

79 words·~1 min read·/ak/title-45/chapter-29/45-29-332

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Sec. 45.29.332. Transfer of money; transfer of funds from deposit account.
(a)A transferee of money takes the money free of a security interest unless the transferee acts in collusion with the debtor in violating the rights of the secured party.
(b)A transferee of funds from a deposit account takes the funds free of a security interest in the deposit account unless the transferee acts in collusion with the debtor in violating the rights of the secured party.
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