Idaho § 28-9-341 BANK’S RIGHTS AND DUTIES WITH RESPECT TO DEPOSIT ACCOUNT

Idaho Statutes

§ 28-9-341 — BANK’S RIGHTS AND DUTIES WITH RESPECT TO DEPOSIT ACCOUNT

Idaho·Title 28 COMMERCIAL TRANSACTIONS·Part 3. PERFECTION AND PRIORITY·Ch. 9 SECURED TRANSACTIONS

Except as otherwise provided in section 28-9-340 (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.

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Except as otherwise provided in section 28-9-340 (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.

Idaho § 28-9-341 (BANK’S RIGHTS AND DUTIES WITH RESPECT TO DEPOSIT ACCOUNT) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.