GroundRules
C.R.S. § 4-9-332: Transfer of money - transfer of funds from deposit account.
Where this section sits in the code
- Title 4 - UNIFORM COMMERCIAL CODE
- Article 9 - Secured Transactions
- Part 3 - PERFECTION AND PRIORITY
(a) A transferee of money takes the money free of a security interest if the transferee receives possession of the money without acting in collusion with the debtor in violating the rights of the secured party.
(b) A transferee of funds from a deposit account takes the funds free of a security interest in the deposit account if the transferee receives the funds without acting in collusion with the debtor in violating the rights of the secured party.
Collected 2026-09-14T18:37:45Z. Source file · JSON