§ 36-9-341. Bank's rights and duties with respect to deposit account.
83 words·~1 min read·
/sc/title-36-commercial-code/chapter-9/commercial-code-secured-transactions/36-9-341·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§ 36-9-341. Bank's rights and duties with respect to deposit account.
Except as otherwise provided in Section 36-9-340(c), and unless the bank otherwise agrees in an authenticated 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.