Utah Code § 70A-9a-341

Current through the 2024 Fourth Special Session

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

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.

Utah Code § 70A-9a-341

Enacted by Chapter 252, 2000 General Session.