Ala. Code § 7-9A-341: Bank’s Rights and Duties with Respect to Deposit Account.
Where this section sits in the code
- Title 7 Commercial Code.
- Article 9A Secured Transactions.
- Part 3 Perfection and Priority.
- Division 4 Rights of Bank.
Except as otherwise provided in Section 7-9A-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:
(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 2026-09-03T14:01:52Z. Source file · JSON