§ 70A-9a-332. Transfer of money -- Transfer of funds from deposit account.

Latest version.

(1)	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.

(2)	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.

Enacted by Chapter 252, 2000 General Session

                    
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