Minn. Stat. § 336.9-341

Current through Register Vol. 49, No. 8, August 19, 2024

Section 336.9-341 - BANK'S RIGHTS AND DUTIES WITH RESPECT TO DEPOSIT ACCOUNT

Except as otherwise provided in section 336.9-340(c), and unless the bank otherwise agrees in a signed 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.

Minn. Stat. § 336.9-341

2000 c 399 art 1 s 61

Amended by 2024 Minn. Laws, ch. 93,s 9-32, eff. 8/1/2024.