{"data":{"id":"us-la/rs-10-9-104","jurisdiction":"us-la","citation":"RS 10:9-104","heading":"Control of deposit account","body":"(a) Requirements for control. A secured party has control of a deposit account if:\n(1) the secured party is the bank with which the deposit account is maintained;\n(2) the debtor, secured party, and bank have agreed in a signed record that the bank will comply with instructions originated by the secured party directing disposition of the funds in the deposit account without further consent by the debtor;\n(3) the secured party becomes the bank's customer with respect to the deposit account; or\n(4) another person, other than the debtor:\n(A) has control of the deposit account and acknowledges that it has control on behalf of the secured party; or\n(B) obtains control of the deposit account after having acknowledged that it will obtain control of the deposit account on behalf of the secured party.\n(b) Debtor's right to direct disposition. A secured party that has satisfied Subsection (a) has control, even if the debtor retains the right to direct the disposition of funds from the deposit account.","path":["TITLE 10. COMMERCIAL LAWS"],"source_url":"https://www.legis.la.gov/legis/Law.aspx?d=74384","current_through":"2025 First Extraordinary Session","vintage":"","retrieved_at":"2026-09-14T04:50:08Z","sha256":"c3226e1e8a9ef9171451ba535a1bed90dd28f3f134589c1f6da0e999aca98750","source_id":"us-la","stale":false,"prev":"us-la/rs-10-9-103","next":"us-la/rs-10-9-105"},"notice":"GroundRules: Original legal text. Not legal advice."}