2006 Minnesota Code
Chapters 324 - 338 Trade Regulations, Consumer Protection
Chapter 336 Uniform Commercial Code
Section 336.9-332 TRANSFER OF MONEY; TRANSFER OF FUNDS FROM DEPOSIT ACCOUNT.
336.9-332 TRANSFER OF MONEY; TRANSFER OF FUNDS FROM DEPOSIT
ACCOUNT.
(a) Transferee of money. 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) Transferee of funds from deposit account. 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.
History: 2000 c 399 art 1 s 52
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