South Dakota § 57A-9-341 Bank's rights and duties with respect to deposit account.

South Dakota Statutes

§ 57A-9-341 — Bank's rights and duties with respect to deposit account.

South Dakota·Title 57A UNIFORM COMMERCIAL CODE·Ch. 57A-6 SECURED TRANSACTIONS

Except as otherwise provided in § 57A-9-340 (c), and unless the bank otherwise agrees in a signed 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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Except as otherwise provided in § 57A-9-340 (c), and unless the bank otherwise agrees in a signed 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.

South Dakota § 57A-9-341 (Bank's rights and duties with respect to deposit account.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.