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New York Consolidated Laws

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Note: Commerce is now known as Economic Development Law

RETRIEVE BILL
 
  Section 9--341. Bank's   Rights  and  Duties  with  Respect  to  Deposit
                    Account.
    Except as otherwise provided in Section 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:
         (a) the   creation,  attachment,  or  perfection  of  a  security
             interest in the deposit account;
         (b) the bank's knowledge of the security interest; or
         (c) the bank's receipt of instructions from the secured party.

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