California · Commercial Code

COM §9341: Except as otherwise provided in subdivision (c) of Section 9340, and unless the bank otherwise agrees in a signed record, a bank’s rights and duties with respect to a deposit account maintained with t

What this law says, in plain English

This statute addresses a bank's legal rights and duties regarding deposit accounts, except where Section 9340(c) applies or the bank agrees otherwise in writing.

Read the full statutory text

Except as otherwise provided in subdivision (c) of Section 9340, 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 any of the following: (1) The creation, attachment, or perfection of a security interest in the deposit account. (2) The bank’s knowledge of the security interest. (3) The bank’s receipt of instructions from the secured party.

Verify at the official source: California legislative text

Facing this? Know exactly what happens next.

MOFRD turns this code section into your situation: the deadlines that apply to you, the forms your county uses, and the resolution paths people in your position actually take. Free for 3 days — no card required.

Start your matter free Ask Law Link about this code

This page is legal information, not legal advice. Code text is sourced from official publications and may lag amendments — always confirm at the official source linked above. Plain-English summaries and relationship data are AI-derived and reviewed on an ongoing basis; verify with a licensed attorney before acting.