2015 Oklahoma Statutes
Title 12A. Commercial Code
§12A-1-9-341. Bank’s rights and duties with respect to deposit account.

12A OK Stat § 12A-1-9-341 (2015) What's This?

BANK’S RIGHTS AND DUTIES WITH RESPECT TO DEPOSIT ACCOUNT

Except as otherwise provided in subsection (c) of Section 1-9-340 of this title, 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.

Added by Laws 2000, c. 371, § 68, eff. July 1, 2001.

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