§ 57A-9-341 Effect of security interest on bank's rights and duties with respect to deposit account.

SD Codified L § 57A-9-341 (2019) (N/A)
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57A-9-341. Effect of security interest on bank's rights and duties with respect to deposit account. Except as otherwise provided in § 57A-9-340(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.Source: SL 2000, ch 231.