GroundRules
AS 45.29.341: Bank's rights and duties with respect to deposit account.
Where this section sits in the code
- Title 45. Trade and Commerce.
- Chapter 29. Secured Transactions.
- Article 3. Perfection and Priority.
Except as otherwise provided in AS 45.29.340(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.
Collected 2026-09-02T06:19:44Z. Source file · JSON