South Carolina Statutes

§ 36-9-332 — Transfer of money; transfer of funds from deposit account.

South Carolina § 36-9-332
JurisdictionSouth Carolina
Title 36COMMERCIAL CODE
Ch. 9COMMERCIAL CODE—SECURED TRANSACTIONS

This text of South Carolina § 36-9-332 (Transfer of money; transfer of funds from deposit account.) is published on Counsel Stack Legal Research, covering South Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
S.C. Code Ann. § 36-9-332 (2026).

Text

(a)A transferee of money takes the money free of a security interest unless the transferee acts in collusion with the debtor in violating the rights of the secured party.
(b)A transferee of funds from a deposit account takes the funds free of a security interest in the deposit account unless the transferee acts in collusion with the debtor in violating the rights of the secured party.

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Legislative History

HISTORY: 2001 Act No. 67, SECTION 12.

Nearby Sections

15
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Bluebook (online)
South Carolina § 36-9-332, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/9/36-9-332.