Code of Alabama |
Match Context and Document information |
URL: | http://alisondb.legislature.state.al.us/alison/CodeOfAlabama /1975/7-9A-341.htm |
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Depth: | 0 singles |
Size: | 898 bytes |
Modified: | 2003-01-17 12:52:46 |
Categories: | -None- |
Title: | 7-9A-341 |
Description: | -None- |
Keywords: | -None- |
Meta data: | -None- |
Body: | Section 7-9A-341 Bank's rights and duties with respect to deposit account. Except as otherwise provided in Section 7-9A-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. (Act 2001-481, p. 647, ยง1.) |