Code of Alabama
Ala. Code § 7-9A-341 (2026)
Bank’s Rights and Duties with Respect to Deposit Account.
✓ official Alabama Legislature (ALISON) text, current July 2026
Except as otherwise provided in Section 7-9A-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.
(Act 2001-481, p. 647, §1; Act 2023-492, §1.)