Me. Stat. tit. 11 § 9-1341

Current through 131st (2023-2024) Legislature Chapter 684

Section 9-1341 - [Effective 7/1/2025] Bank's rights and duties with respect to deposit account

Except as otherwise provided in section 9-1340, subsection (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;

[1999, c. 699, Pt. A, §2(NEW); 1999, c. 699, Pt. A, §4(AFF).]

(2). The bank's knowledge of the security interest; or

[1999, c. 699, Pt. A, §2(NEW); 1999, c. 699, Pt. A, §4(AFF).]

(3). The bank's receipt of instructions from the secured party.

[1999, c. 699, Pt. A, §2(NEW); 1999, c. 699, Pt. A, §4(AFF).]

11 M.R.S. § 9-1341

Amended by 2024, c. 669,§ A-132, eff. 7/1/2025.

1999, c. 699, §A2 (NEW) . 1999, c. 699, §A4 (AFF) .

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