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La. R.S. 10:9-341

Bank's rights and duties with respect to deposit account

Known as the Uniform Commercial Code

The act spans §§ 10–10 (238 sections).

Acts 2001, No. 128, §1, eff

Except as otherwise provided in R.S. 10:9-340(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.

Official source: Louisiana State Legislature. Reproduced from public-domain Louisiana statutes; confirm against the official source for the current text. Not legal advice.