IC 26-1-9.1-341 — Bank's rights and duties with respect to deposit account subject to security interest
Chapter 9.1. Secured Transactions
Section text
Sec. 341. Except as otherwise provided in IC 26-1-9.1-340(c), 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; (2) the bank's knowledge of the security interest; or (3) the bank's receipt of instructions from the secured party.
As added by P.L.57-2000, SEC.45. Amended by P.L.199-2023, SEC.70.
Source: official publisher (2026 edition)