N.C. Gen. Stat. § 25-9-341
Bank's rights and duties with respect to deposit account
Redline — June 1, 2021 → current.View current text →
Current — April 1, 2022
As of June 1, 2021
Except as otherwise provided in G.S. 25-9-340(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:
Except as otherwise provided in G.S. 25-9-340(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;
(1) The creation, attachment, or perfection of a security interest in the deposit account;
(2) The bank's knowledge of the security interest; or
(2) The bank’s knowledge of the security interest; or
(3) The bank's receipt of instructions from the secured party.
(3) The bank’s receipt of instructions from the secured party.
History
(2000-169, s. 1.)
Official source: North Carolina General Assembly. Reproduced from public-domain North Carolina statutes; confirm against the official source for the current text. Not legal advice.