Ohio Rev. Code § 1309.341

Current with legislation from 2024 received as of May 9, 2024.

Section 1309.341 - Bank's rights and duties with respect to deposit account - UCC 9-341

Except as otherwise provided in division (C) of section 1309.340 of the Revised Code, 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:

(A) The creation, attachment, or perfection of a security interest in the deposit account;

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

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

R.C. §1309.341

Effective Date: 7/1/2001 .