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2025 Pennsylvania Consolidated & Unconsolidated Statutes
Title 13 - COMMERCIAL CODE
Chapter 93 - Perfection and Priority
Section 9341 - Bank's rights and duties with respect to deposit account
Universal Citation:
13 PA Cons Stat § 9341 (2025)
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§ 9341. Bank's rights and duties with respect to deposit account.
Except as otherwise provided in section 9340(c) (relating to when set-off ineffective) and unless the bank otherwise agrees in a signed 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.
(July 1, 2024, P.L.450, No.41, eff. 60 days)
2024 Amendment. See section 1 of Act 41 in the appendix to this title for special provisions relating to findings and declarations.
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