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2022 Iowa Code
Title XIII - COMMERCE
Chapter 554 - UNIFORM COMMERCIAL CODE
Section 554.9341 - Bank’s rights and duties with respect to deposit account.
Universal Citation: IA Code § 554.9341 (2022)
554.9341 Bank’s rights and duties with respect to deposit account.
Except as otherwise provided in section 554.9340, subsection 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.
2000 Acts, ch 1149, §61, 187
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