North Carolina General Statutes § 25-9-341 Bank's rights and duties with respect to deposit account

Except as otherwise provided in G.S. 25-9-340(c), 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. (2000-169, s. 1.)

Sections:  Previous  25-9-334  25-9-335  25-9-336  25-9-337  25-9-338  25-9-339  25-9-340  25-9-341  25-9-342  25-9-401  25-9-402  25-9-403  25-9-404  25-9-405  25-9-406  Next

Last modified: March 23, 2014