Arkansas Code § 4-9-341 - Bank's Rights and Duties With Respect to Deposit Account

Except as otherwise provided in ยง 4-9-340(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.

Section: 4-9-341  4-9-342    Next

Last modified: November 15, 2016