Utah Statutes

§ 70A-9a-341 — Bank's rights and duties with respect to deposit account.

Utah·Title 70A Uniform Commercial Code·Ch. 70A-9a Uniform Commercial Code - Secured Transactions·Part 70A-9a-3 Perfection and Priority

Except as otherwise provided in Subsection 70A-9a-340(3), 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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Utah § 70A-9a-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

Enacted by Chapter 252, 2000 General Session

Nearby Sections

15
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