{"data":{"id":"us-nc/n.c.-gen.-stat.-25-9-332","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 25-9-332","heading":"Transfer of money; transfer of funds from deposit account.","body":"(a)\tTransferee of Tangible Money. - 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.\n(b)\tTransferee of Funds from Deposit Account. - 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.\n(c)\tTransferee of Electronic Money. - 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. (2000-169, s. 1; 2025-25, s. 87.)","path":["Chapter 25. Uniform Commercial Code.","Article 9. Secured Transactions.","Part 3. Perfection and Priority."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_25/GS_25-9-332.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T17:58:47Z","sha256":"c439f52ff631abbda07dda0c7dff1e9fecac2ead0bfcffb9c38605e285b3771c","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-25-9-331","next":"us-nc/n.c.-gen.-stat.-25-9-333"},"notice":"GroundRules: Original legal text. Not legal advice."}