Ark. Code § 4-9-332

Current with legislation from 2024 Fiscal and Special Sessions.
Section 4-9-332 - 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.

Ark. Code § 4-9-332

Acts 2001, No. 1439, § 1.