New York § 9-332 Transfer of Money; Transfer of Funds from Deposit Account

New York Statutes

§ 9-332 — Transfer of Money; Transfer of Funds from Deposit Account

New York § 9-332

JurisdictionNew York

Law UCCUniform Commercial Code

Part 3Perfection and Priority

Subpart 3Priority

Art. 9Secured Transactions

This text of New York § 9-332 (Transfer of Money; Transfer of Funds from Deposit Account) is published on Counsel Stack Legal Research, covering New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.Y. Uniform Commercial Code § 9-332 (2026).

Text

* Section 9--332. Transfer of Money; Transfer of Funds from Deposit\n                  Account.\n  (a) Transferee of money. A transferee of money takes the money free of\na security interest unless the transferee acts in collusion with the\ndebtor in violating the rights of the secured party.\n  (b) Transferee of funds from deposit account. A transferee of funds\nfrom a deposit account takes the funds free of a security interest in\nthe deposit account unless the transferee acts in collusion with the\ndebtor in violating the rights of the secured party.\n  * NB Effective until June 3, 2026\n* Section 9--332. Transfer of Money; Transfer of Funds from Deposit\n                  Account.\n(a) Transferee of tangible money. A transferee of tangible money takes\nthe money free of a security inte

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* Section 9--332. Transfer of Money; Transfer of Funds from Deposit\n Account.\n (a) Transferee of money. A transferee of money takes the money free of\na security interest unless the transferee acts in collusion with the\ndebtor in violating the rights of the secured party.\n (b) Transferee of funds from deposit account. A transferee of funds\nfrom a deposit account takes the funds free of a security interest in\nthe deposit account unless the transferee acts in collusion with the\ndebtor in violating the rights of the secured party.\n * NB Effective until June 3, 2026\n* Section 9--332. Transfer of Money; Transfer of Funds from Deposit\n Account.\n(a) Transferee of tangible money. A transferee of tangible money takes\nthe money free of a security interest if the transferee receives\npossession of the money without acting in collusion with the debtor in\nviolating the rights of the secured party.\n (b) Transferee of funds from deposit account. A transferee of funds\nfrom a deposit account takes the funds free of a security interest in\nthe deposit account if the transferee receives the funds without acting\nin collusion with the debtor in violating the rights of the secured\nparty.\n (c) Transferee of electronic money. A transferee of electronic money\ntakes the money free of a security interest if the transferee obtains\ncontrol of the money without acting in collusion with the debtor in\nviolating the rights of the secured party.\n * NB Effective June 3, 2026\n