Georgia Code § 11-9-341 - Bank's Rights and Duties With Respect to Deposit Account.

Except as otherwise provided in subsection (c) of Code Section 11-9-340, 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: 11-9-340  11-9-341  11-9-342    Next

Last modified: October 14, 2016