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Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Business & Commerce Code § 9.341: BANK'S RIGHTS AND DUTIES WITH RESPECT TO DEPOSIT ACCOUNT.

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Where this section sits in the code
  1. BUSINESS AND COMMERCE CODE
  2. TITLE 1. UNIFORM COMMERCIAL CODE
  3. CHAPTER 9. SECURED TRANSACTIONS
  4. SUBCHAPTER C. PERFECTION AND PRIORITY

Except as otherwise provided in Section 9.340(c), and unless the bank otherwise agrees in an authenticated 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.

Added by Acts 1999, 76th Leg., ch. 414, Sec. 1.01, eff. July 1, 2001.

Collected 2026-08-27T01:46:56Z. Source file · JSON

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