South Carolina Statutes

§ 36-9-341 — Bank's rights and duties with respect to deposit account.

South Carolina·Title 36 COMMERCIAL CODE·Ch. 9 COMMERCIAL CODE—SECURED TRANSACTIONS

Except as otherwise provided in Section 36-9-340(c), 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:

(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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South Carolina § 36-9-341 (Bank's rights and duties with respect to deposit account.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

HISTORY: 2001 Act No. 67, SECTION 12.

Nearby Sections

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