State Codes and Statutes

Statutes > Utah > Title-70a > Chapter-09a > 70a-9a-341

70A-9a-341. Bank's rights and duties with respect to deposit account.
Except as otherwise provided in Subsection 70A-9a-340(3), and unless the bank otherwiseagrees in an authenticated record, a bank's rights and duties with respect to a deposit accountmaintained 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.

Enacted by Chapter 252, 2000 General Session