GroundRules
S.C. Code Ann. § 36-9-332: Transfer of money; transfer of funds from deposit account.
Where this section sits in the code
- Title 36 - COMMERCIAL CODE
- CHAPTER 9 Commercial Code—Secured Transactions
- Part 3 Perfection and Priority
(a) A transferee of money takes the money free of a security interest unless the transferee acts 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 unless the transferee acts in collusion with the debtor in violating the rights of the secured party.
Collected 2026-09-02T07:08:49Z. Source file · JSON