Idaho Statutes

§ 28-9-332 — TRANSFER OF MONEY — TRANSFER OF FUNDS FROM DEPOSIT ACCOUNT

Idaho·Title 28 COMMERCIAL TRANSACTIONS·Part 3. PERFECTION AND PRIORITY·Ch. 9 SECURED TRANSACTIONS
(a)A transferee of money takes the money free of a security interest unless the transferee acts 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 unless the transferee acts in collusion with the debtor in violating the rights of the secured party.

Free access — add to your briefcase to read the full text and ask questions with AI

Idaho § 28-9-332 (TRANSFER OF MONEY — TRANSFER OF FUNDS FROM DEPOSIT ACCOUNT) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

[28-9-332, added 2001, ch. 208, sec. 2, p. 751.]

Nearby Sections

15
View on official source ↗