Haw. Rev. Stat. § 490:9-332

Current through the 2024 Legislative Session
Section 490:9-332 - Transfer of money; transfer of funds from deposit account
(a) A transferee of tangible money takes the money free of a security interest if the transferee receives possession of the money without acting 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 if the transferee receives the funds without acting in collusion with the debtor in violating the rights of the secured party.
(c) A transferee of electronic money takes the money free of a security interest if the transferee obtains control of the money without acting in collusion with the debtor in violating the rights of the secured party.

HRS § 490:9-332

Amended by L 2023, c 132,§ 55, eff. 6/29/2023.
L 2000, c 241 , pt of §1