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These documents are currently being revised to incorporate the changes made during the 2024 Legislative Session. Please consult the Sections Affected Table for changes made during the 2024 Legislative Session.

62A.9A-340  <<  62A.9A-341 >>   62A.9A-342

Bank's rights and duties with respect to deposit account. (Effective until January 1, 2024.)

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:
(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.]

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.
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