UTAH CODE (Last Updated: January 16, 2015) |
Title 70A. Uniform Commercial Code |
Chapter 9a. Uniform Commercial Code - Secured Transactions |
Part 3. Perfection and Priority |
§ 70A-9a-341. Bank's rights and duties with respect to deposit account.
Latest version.
- Except as otherwise provided in Subsection 70A-9a-340(3), 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.
Enacted by Chapter 252, 2000 General Session