Ark. Code § 4-9-341

Current with legislation from 2024 effective through May 3, 2024.

Section 4-9-341 - Bank's rights and duties with respect to deposit account

Except as otherwise provided in § 4-9-340(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.

Ark. Code § 4-9-341

Acts 2001, No. 1439, § 1.