§ 54D-9. When creditor process enforceable against bank.
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§ 54D-9. When creditor process enforceable against bank.
(a)Subject to subsection
(b)of this section, creditor process with respect to a special deposit is not enforceable against the bank holding the special deposit.
(b)Creditor process is enforceable against the bank holding a special deposit with respect to an amount the bank is obligated to pay a beneficiary or a depositor if all of the following apply:
(1)The process is served on the bank.
(2)The process provides sufficient information to permit the bank to identify the depositor or the beneficiary from the bank's books and records.
(3)The process gives the bank a reasonable opportunity to act on the process.
(c)Creditor process served on a bank before it is enforceable against the bank under subsection
(b)of this section does not create a right of the creditor against the bank or a duty of the bank to the creditor. Other law determines whether creditor process creates a lien enforceable against the beneficiary on a contingent interest of a beneficiary, including a depositor as a beneficiary, even if not enforceable against the bank. (2025-25, s. 158.)