Current as of January 01, 2019 | Updated by FindLaw Staff
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Except as otherwise provided in subsection (c) of Code Section 11-9-340, 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.
Cite this article: FindLaw.com - Rhode Island General Laws Title 13. Criminals--Correctional Institutions § 13-7-8.1. Requisition of goods by cities and towns - last updated January 01, 2019 | https://codes.findlaw.com/ri/title-13-criminals-correctional-institutions/ri-gen-laws-sect-13-7-8-1.html
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