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Section 400.9-332 Transfer of money — transfer of funds from deposit account.

MO Rev Stat § 400.9-332 (2019) (N/A)
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Effective 01 Jul 2001, see footnote

400.9-332. Transfer of money — transfer of funds from deposit account. — (a) A transferee of money takes the money free of a security interest unless the transferee acts in collusion with the debtor in violating the rights of the secured party.

(b) A transferee of funds from a deposit account takes the funds free of a security interest in the deposit account unless the transferee acts in collusion with the debtor in violating the rights of the secured party.

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(L. 2001 S.B. 288)

Effective 7-01-01

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