2015 Arizona Revised Statutes
Title 47 - Uniform Commercial Code
§ 47-9332 Transfer of money; transfer of funds from deposit account
47-9332. Transfer of money; transfer of funds from deposit account
A. 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.
B. 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.
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