S.D. Codified Laws § 57A-9-341

Bank's rights and duties with respect to deposit account

Year: 2025Length: 84 wordsOfficial source
Except as otherwise provided in § 57A-9-340 (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. Source: SL 2000, ch 231; SL 2024, ch 198, § 74.
S.D. Codified Laws § 57A-9-341: Bank's rights and duties with respect to deposit account | Justis AI