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2022 Code of Virginia
Title 8.9A - Commercial Code - Secured Transactions
Part 4 - Rights of Bank
§ 8.9A-341. Bank's rights and duties with respect to deposit account
Universal Citation: VA Code § 8.9A-341 (2022)
Except as otherwise provided in ยง 8.9A-340 (c), 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, c. 1007.
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