Section 355.9-332 - [Effective Until 1/1/2025] Transfer of money - Transfer of funds from deposit account(1) 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.(2) 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.Effective:7/1/2001
Created 2000, Ky. Acts ch. 408, sec. 72, effective7/1/2001.This section is set out more than once due to postponed, multiple, or conflicting amendments.