Bank's rights and duties with respect to deposit account

Colo. Rev. Stat. § 4-9-341, under PERFECTION AND PRIORITY.

Colo. Rev. Stat. § 4-9-341

Except as otherwise provided in section 4-9-340 (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: L. 2001: Entire article R&RE, p. 1370, § 1, effective July 1. L. 2023: IP amended, (SB 23-090), ch. 136, p. 557, § 70, effective August 7.