Iowa Code § 554.9341

Current through bills signed by governor as of 5/17/2024

Section 554.9341 - [Effective Until 7/1/2024] Bank's rights and duties with respect to deposit account

Except as otherwise provided in section 554.9340, subsection 3, 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.

Iowa Code § 554.9341

2000 Acts, ch 1149, §61, 187

This section is set out more than once due to postponed, multiple, or conflicting amendments.