810 ILCS 5/9-341: Bank's rights and duties with respect to deposit account.
Where this section sits in the code
- CHAPTER 810 COMMERCIAL CODE
- Uniform Commercial Code.
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:
(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 2026-09-15T04:46:47Z. Source file · JSON