State Codes and Statutes

Statutes > Wisconsin > 409 > 409.341

409.341

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:

409.341(1)

(1) The creation, attachment, or perfection of a security interest in the deposit account;

409.341(2)

(2) The bank's knowledge of the security interest; or

409.341(3)

(3) The bank's receipt of instructions from the secured party.

409.341 - ANNOT.

History: 2001 a. 10.