Section 45.29.341. Bank's rights and duties with respect to deposit account.

Latest version.

Except as otherwise provided in AS 45.29.340(c), 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.

Notes

History

(Sec. 1 ch 113 SLA 2000)

                    
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