North Dakota Statutes

§ 41-09-52 — (9-332) Transfer of money - Transfer of funds from deposit account

North Dakota § 41-09-52
JurisdictionNorth Dakota
Title 41Uniform Commercial Code
Ch. 41-09Secured Transactions

This text of North Dakota § 41-09-52 ((9-332) Transfer of money - Transfer of funds from deposit account) is published on Counsel Stack Legal Research, covering North Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
N.D. Cent. Code § 41-09-52 (2026).

Text

1.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.
2.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.
3.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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Bluebook (online)
North Dakota § 41-09-52, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/41-09-52.