355.9-341 Bank's rights and duties with respect to deposit account.

KY Rev Stat § 355.9-341 (2019) (N/A)
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355.9-341 Bank's rights and duties with respect to deposit account. Except as otherwise provided in KRS 355.9-340(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. Effective: July 1, 2001 History: Created 2000 Ky. Acts ch. 408, sec. 81, effective July 1, 2001.