Tennessee § 47-9-341 Bank's rights and duties with respect to deposit account

Tennessee Statutes

§ 47-9-341 — Bank's rights and duties with respect to deposit account

Tennessee § 47-9-341

Title47

This text of Tennessee § 47-9-341 (Bank's rights and duties with respect to deposit account) is published on Counsel Stack Legal Research, covering Tennessee primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tenn. Code Ann. § 47-9-341 (2026).

Text

Except as otherwise provided in § 47-9-340(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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Except as otherwise provided in § 47-9-340(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.