Statute · New York Uniform Commercial Code

N.Y. U.C.C. Law § 9-341 — Bank's Rights and Duties with Respect to Deposit Account

N.Y. U.C.C. Law § 9-341

Type: Statute
Source: New York Uniform Commercial Code
Jurisdiction: New York
Current through: Nov 5, 2026 (NY Senate Open Legislation)

Section 9--341. Bank's Rights and Duties with Respect to Deposit

Citator

N.Y. U.C.C. Law § 9-341 — Bank's Rights and Duties with Respect to Deposit Account is in force in the current edition of the Code, and nothing recorded condemns it.

Section 9--341. Bank's Rights and Duties with Respect to Deposit

Account.

Except as otherwise provided in Section 9--340 (c), and unless the bank otherwise agrees in a signed record, a bank's rights and duties with respect to a deposit account maintained with the bank are not terminated, suspended, or modified by:

(a) the creation, attachment, or perfection of a security

interest in the deposit account;

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

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