Louisiana Statutes
§ 10:9-332 — Transfer of money; transfer of funds from deposit account
Louisiana·Title 10 Commercial Laws
§9-332. Transfer of money; transfer of funds from deposit account
(a)Transferee of money. A transferee of 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)Transferee of funds from deposit account. 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.
Free access — add to your briefcase to read the full text and ask questions with AI
Louisiana § 10:9-332 (Transfer of money; transfer of funds from deposit account) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Acts 2001, No. 128, §1, eff. July 1, 2001; Acts 2024, No. 773, §1.
Nearby Sections
15
§ 10:9-101
§ 10:9-101§ 10:9-102
Definitions and index of definitions§ 10:9-104
Control of deposit account§ 10:9-106
Control of investment property§ 10:9-107
Control of letter-of-credit right§ 10:9-107.1
Control over life insurance policy§ 10:9-107.2
Control conditioned on default§ 10:9-108
Sufficiency of description§ 10:9-109
Scope§ 10:9-201
§ 10:9-201§ 10:9-202
Title to collateral immaterial