Current through 2024 Regular Session legislation
Section 79.0332 - UCC 9-332. 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.