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Alabama · Through Act 2026-611

Ala. Code § 7-9A-341: Bank’s Rights and Duties with Respect to Deposit Account.

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Where this section sits in the code
  1. Title 7 Commercial Code.
  2. Article 9A Secured Transactions.
  3. Part 3 Perfection and Priority.
  4. 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

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