KRS 355.9-332: Transfer of money -- Transfer of funds from deposit account.

(1) A transferee of tangible 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.

(2) 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.

(3) A transferee of electronic money takes the money free of a security interest if the

transferee obtains control of the money without acting in collusion with the debtor

in violating the rights of the secured party.