Ohio § 1309.341 Bank's rights and duties with respect to deposit account - UCC 9-341

Ohio Statutes

§ 1309.341 — Bank's rights and duties with respect to deposit account - UCC 9-341

Ohio § 1309.341

Title 13Commercial Transactions

Ch. 1309Secured Transactions

This text of Ohio § 1309.341 (Bank's rights and duties with respect to deposit account - UCC 9-341) is published on Counsel Stack Legal Research, covering Ohio primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ohio Rev. Code Ann. § 1309.341 (2026).

Text

Except as otherwise provided in division (C) of section1309.340of the Revised Code, and unless the bank otherwise agrees in an authenticated record, a bank's rights and duties with respect to a deposit account maintained with the bank are not terminated, suspended, or modified by:

(A)The creation, attachment, or perfection of a security interest in the deposit account;

(B)The bank's knowledge of the security interest; or

(C)The bank's receipt of instructions from the secured party.

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Except as otherwise provided in division (C) of section1309.340of the Revised Code, and unless the bank otherwise agrees in an authenticated record, a bank's rights and duties with respect to a deposit account maintained with the bank are not terminated, suspended, or modified by:

(A) The creation, attachment, or perfection of a security interest in the deposit account;

(B) The bank's knowledge of the security interest; or

(C) The bank's receipt of instructions from the secured party.