Section 1309.341 | Bank's rights and duties with respect to deposit account - UCC 9-341.
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.
Available Versions of this Section
- July 1, 2001 – Senate Bill 74 - 124th General Assembly [ View July 1, 2001 Version ]