Can you summarize MNST 336.9-341?

Short Summary

Except as otherwise provided in section 336.9-340 (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: (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. History: 2000 c 399 art 1 s 61

Jurisdiction

Minnesota

Source

• Banking