Current with legislation from 2024 received as of August 15, 2024.
Section 1309.332 - Transfer of money - transfer of funds from deposit account - UCC 9-332(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.Effective Date: 7/1/2001 .