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2022 Wisconsin Statutes & Annotations
Chapter 409 - Uniform commercial code — secured transactions.
409.341 - Bank's rights and duties with respect to deposit account.
Universal Citation: WI Stat § 409.341 (2022)
409.341 Bank's rights and duties with respect to deposit account. Except as otherwise provided in s. 409.340 (3), 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.
History: 2001 a. 10.
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