| Bank's Rights and Duties With Respect to Deposit Account - Ucc 9-341.

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Effective: July 1, 2001

Latest Legislation: Senate Bill 74 - 124th General Assembly

Except as otherwise provided in division (C) of section 1309.340 of the Revised Code, 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:

(A) The creation, attachment, or perfection of a security interest in the deposit account;

(B) The bank's knowledge of the security interest; or

(C) The bank's receipt of instructions from the secured party.


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