Montana Statutes

§ 30-9A-341 — Bank's Rights And Duties With Respect To Deposit Account

Montana·Title 30 TRADE AND COMMERCE·Ch. 9A UNIFORM COMMERCIAL CODE SECURED TRANSACTIONS·Part 3 Perfection and Priority

30-9A-341 . Bank's rights and duties with respect to deposit account. Except as otherwise provided in 30-9A-340 (3) 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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Legislative History

En. Sec. 60, Ch. 305, L. 1999; Sec. 30-9-361, MCA 1999; redes. 30-9A-341 by Code Commissioner, 2001; amd. Sec. 75, Ch. 200, L. 2025.

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