4-9-341. Bank's rights and duties with respect to deposit account.
73 words·~1 min read·
/co/title-4-uniform-commercial-code/article-9-secured-transactions/4-9-341·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Except as otherwise provided in section 4-9-340 (c), and unless the bank otherwise agrees in a signed record, a bank's rights and duties with respect to a deposit account maintained with the bank are not terminated, suspended, or modified by:
(1)The creation, attachment, or perfection of a security interest in the deposit account;
(2)The bank's knowledge of the security interest; or
(3)The bank's receipt of instructions from the secured party.