R.I. Gen. Laws § 6A-9-332

Current through 2024 Public Law 44
Section 6A-9-332 - Transfer of money; transfer of funds from deposit account
(a)Transferee of money. A transferee of money takes the money free of a security interest unless the transferee acts in collusion with the debtor in violating the rights of the secured party.
(b)Transferee 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 unless the transferee acts in collusion with the debtor in violating the rights of the secured party.

R.I. Gen. Laws § 6A-9-332

P.L. 2000, ch. 182, § 6; P.L. 2000, ch. 420, § 6.