Skip to navigation Skip to content Skip to subnav
Searching 2021-2022 Session

The Vermont Statutes Online


Title 9A : Uniform Commercial Code


(Cite as: 9A V.S.A. § 9-341)
  • § 9-341. Bank's rights and duties with respect to deposit account

    Except as otherwise provided in subsection 9- 340(c) of this title, 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. (Added 1999, No. 106 (Adj. Sess.), § 2, eff. July 1, 2001.)