Minnesota Statutes

§ 336.9-332 — 336.9-332 TRANSFER OF MONEY; TRANSFER OF FUNDS FROM DEPOSIT ACCOUNT.

Minnesota § 336.9-332
JurisdictionMinnesota
PartTRADE REGULATIONS, CONSUMER PROTECTION
Ch. 336UNIFORM COMMERCIAL CODE

This text of Minnesota § 336.9-332 (336.9-332 TRANSFER OF MONEY; TRANSFER OF FUNDS FROM DEPOSIT ACCOUNT.) is published on Counsel Stack Legal Research, covering Minnesota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Minn. Stat. § 336.9-332 (2026).

Text

(a)Transferee of tangible money.A transferee of tangible 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.
(c)Transferee of electronic money.A transferee of electronic money takes the money free of a security interest if the transferee obtains control of the money without acting in collusion with the debtor in violating the rights of the secured party.

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Legislative History

2000 c 399 art 1 s 52;2024 c 93 art 9 s 30

Nearby Sections

15
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Bluebook (online)
Minnesota § 336.9-332, Counsel Stack Legal Research, https://law.counselstack.com/statute/mn/336.9-332.