Wisconsin Statutes (Last Updated: January 10, 2017) |
Chapter 409. Uniform Commercial Code — Secured Transactions |
SubChapter III. PERFECTION AND PRIORITY |
Section 409.341. Bank's rights and duties with respect to deposit account.
Latest version.
- Except as otherwise provided in s. 409.340 (3) , 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.