Georgia Statutes

§ 11-9-341 — Bank's rights and duties with respect to deposit account

Georgia § 11-9-341

This text of Georgia § 11-9-341 (Bank's rights and duties with respect to deposit account) is published on Counsel Stack Legal Research, covering Georgia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
O.C.G.A. § 11-9-341 (2026).

Text

Except as otherwise provided in subsection (c) of Code Section 11-9-340 , 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.

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Related

Eleison Composites, LLC v. Wachovia Bank, N.A.
267 F. App'x 918 (Eleventh Circuit, 2008)

Legislative History

Amended by 2024 Ga. Laws 600,§ 6-1, eff. 7/1/2024. Added by 2001 Ga. Laws 191, § 1, eff. 7/1/2001.

Nearby Sections

15
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Bluebook (online)
Georgia § 11-9-341, Counsel Stack Legal Research, https://law.counselstack.com/statute/ga/11-9-341.