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Bank's rights and duties with respect to deposit account

KRS 355.9-341
in effect
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355.9-341. Bank's rights and duties with respect to deposit account Except as otherwise provided in KRS 355.9-340(3), and unless the bank otherwise agrees in a signed 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. Effective: January 1, 2025 History: Amended 2024 Ky. Acts ch. 10, sec. 75, effective January 1, 2025. -- Created 2000 Ky. Acts ch. 408, sec. 81, effective July 1, 2001.
Source: Kentucky Legislative Research Commission (legislature.ky.gov)URL: https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=55699Fetched: 10/20/2026

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