Code of Virginia · § 8.9A-341 — Bank's rights and duties with respect to deposit account
8.9A-341. Bank's rights and duties with respect to deposit account
Except as otherwise provided in § 8.9A-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.
History and annotations
2000, c. 1007; 2024, c. 652.
Source captured 2026-09-25. Open the official source.