Current through L. 2024, c. 185.
Section 9-332 - Transfer of money; transfer of funds from deposit account(a) A transferee of money takes the money free of a security interest unless the transferee acts in collusion with the debtor in violating the rights of the secured party.(b) A transferee of funds from a deposit account takes the funds free of a security interest in the deposit account unless the transferee acts in collusion with the debtor in violating the rights of the secured party.Added 1999, No. 106 (Adj. Sess.), § 2, eff. 7/1/2001.