Delaware Code Title 6 Sec. 9-341 – Bank’s rights and duties with respect to deposit account
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Except as otherwise provided in Section 9-340(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.
Terms Used In Delaware Code Title 6 Sec. 9-341
- Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
- Knowledge: means a person's actual knowledge of a fact, rather than the person's constructive knowledge of the fact. See Delaware Code Title 6 Sec. 17-101