California Statutes
§ 9332. — 9332. (Amended by Stats. 2023, Ch. 210, Sec. 53.)
California § 9332.
JurisdictionCalifornia
Code COMCommercial Code - COM
Div. 9.DIVISION 9. SECURED TRANSACTIONS
Ch. 3.CHAPTER 3. Perfection and Priority
This text of California § 9332. (9332. (Amended by Stats. 2023, Ch. 210, Sec. 53.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Cal. Commercial Code - COM Code § 9332. (2026).
Text
(a)A transferee of tangible money takes the money free of a security interest if the transferee receives possession of the money without acting in collusion with the debtor in violating the rights of the secured party.
(b)A transferee of funds from a deposit account takes the funds free of a security interest in the deposit account
if the transferee receives the funds without acting in collusion with the debtor in violating the rights of the secured party.
(c)A transferee of electronic money takes the money free of a security interest if the transferee obtains control of the money without acting in collusion with the debtor in violating the rights of the secured party.
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Legislative History
Amended by Stats. 2023, Ch. 210, Sec. 53. (SB 95) Effective January 1, 2024.
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Bluebook (online)
California § 9332., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/COM/9332..