Washington Code 62A.9A-341 – Bank’s rights and duties with respect to deposit account
Current as of: 2023 | Check for updates
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Except as otherwise provided in RCW 62A.9A-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:
Terms Used In Washington Code 62A.9A-341
- Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
(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.
[2000 c 250 § 9A-341.]
PDFRCW 62A.9A-341
Bank’s rights and duties with respect to deposit account. (Effective January 1, 2024.)
Except as otherwise provided in RCW 62A.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.
[ 2023 c 266 § 932; 2000 c 250 § 9A-341.]
NOTES:
Construction—Effective date—2023 c 266: See notes following RCW 62A.12-101.