Bank's rights and duties with respect to deposit account.

Checkout our iOS App for a better way to browser and research.

84-9-341. Bank's rights and duties with respect to deposit account.
Except as otherwise provided in K.S.A. 2020 Supp. 84-9-340(c), and amendments thereto, 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.

History: L. 2000, ch. 142, § 61; July 1, 2001.


Download our app to see the most-to-date content.