2020 Missouri Revised Statutes
Title XXVI - Trade and Commerce
Chapter 400 - Uniform Commercial Code
Section 400.9-332 Transfer of money — transfer of funds from deposit account.

Effective - 01 Jul 2001

400.9-332. 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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(L. 2001 S.B. 288)

Effective 7-01-01

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