ORS § 79.0341

Current through 2024 Regular Session legislation effective April 17, 2024

Section 79.0341 - UCC 9-341. Bank's rights and duties with respect to deposit account

Except as otherwise provided in ORS 79.0340(3), 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:

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

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

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

ORS 79.0341

2001 c.445 §61