Indiana § 26-1-9.1-341 Bank's rights and duties with respect to deposit account subject to
security interest

Indiana Statutes

§ 26-1-9.1-341 — Bank's rights and duties with respect to deposit account subject to security interest

Indiana § 26-1-9.1-341

Title 26COMMERCIAL LAW

Art. 1UNIFORM COMMERCIAL CODE

Ch. 9.1Secured Transactions

This text of Indiana § 26-1-9.1-341 (Bank's rights and duties with respect to deposit account subject to security interest) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 26-1-9.1-341 (2026).

Text

Except as otherwise provided in IC 26-1-9.1-340(c), 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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Except as otherwise provided in IC 26-1-9.1-340(c), 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.