TITLE 11 COMMERCIAL CODE

Section 9. Secured Transactions, 11-9-101 through 11-9-809.

ARTICLE 9 SECURED TRANSACTIONS

PART 4 RIGHTS OF BANK

11-9-341. Bank's rights and duties with respect to deposit account.

Except as otherwise provided in subsection (c) of Code Section 11-9-340, 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.

(Code 1981, §11-9-341, enacted by Ga. L. 2001, p. 362, § 1.)