§9-1341. Bank's rights and duties with respect to deposit account
(CONTAINS TEXT WITH VARYING EFFECTIVE DATES)
(TEXT EFFECTIVE UNTIL 7/01/25) Except as otherwise provided in section 9‑1340, subsection (3), 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:
[PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).]
(TEXT EFFECTIVE 7/01/25) Except as otherwise provided in section 9‑1340, subsection (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:
[PL 2023, c. 669, Pt. A, §132 (AMD); PL 2023, c. 669, Pt. E, §1 (AFF).]
(1).
The creation, attachment or perfection of a security interest in the deposit account;
[PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).]
(2).
The bank's knowledge of the security interest; or
[PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).]
(3).
The bank's receipt of instructions from the secured party.
[PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).]
SECTION HISTORY
PL 1999, c. 699, §A2 (NEW). PL 1999, c. 699, §A4 (AFF). PL 2023, c. 669, Pt. A, §132 (AMD). PL 2023, c. 669, Pt. E, §1 (AFF).