70A-9a-341. Bank's rights and duties with respect to deposit account.
93 words·~1 min read·
/ut/title-70a/chapter-9a/70a-9a-341·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Effective 5/6/2026
70A-9a-341. Bank's rights and duties with respect to deposit account.
Except as otherwise provided in Subsection 70A-9a-340(3) , 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.
Amended by Chapter 322 , 2026 General Session