West Virginia § 46-9-341 Bank's rights and duties with respect to deposit account

West Virginia Statutes

§ 46-9-341 — Bank's rights and duties with respect to deposit account

West Virginia·Ch. 46 UNIFORM COMMERCIAL CODE·Art. 9 SECURED TRANSACTIONS; SALES OF ACCOUNTS AND CHATTEL PAPER

Except as otherwise provided in section 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 section 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.

West Virginia § 46-9-341 (Bank's rights and duties with respect to deposit account) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.