State Codes and Statutes
Statutes > Missouri > T26 > C400 > 400_9-332Transfer of money--transfer of funds from deposit account.
400.9-332. (a) A transferee of money takes the money free of asecurity interest unless the transferee acts in collusion with the debtorin violating the rights of the secured party.
(b) A transferee of funds from a deposit account takes the funds freeof a security interest in the deposit account unless the transferee acts incollusion with the debtor in violating the rights of the secured party.
(L. 2001 S.B. 288)Effective 7-01-01
