(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.
Section: Previous 4-9-325 4-9-326 4-9-327 4-9-328 4-9-329 4-9-330 4-9-331 4-9-332 4-9-333 4-9-334 4-9-335 4-9-336 4-9-337 4-9-338 4-9-339 NextLast modified: November 15, 2016