Mo. Rev. Stat. § 400.9-332
Transfer of money — transfer of funds from deposit account
Missouri · Revised Statutes of Missouri Chapter 400 — Uniform Commercial Code · Status: effective · Effective 2001-07-01
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- Citation
- Mo. Rev. Stat. § 400.9-332, Transfer of money — transfer of funds from deposit account, Missouri, version 1 as recorded 2026-09-29, yourstate.us, https://yourstate.us/provision/1815272
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Full text
(a) A transferee of money takes the money free of a security interest unless the transferee acts in collusion with the debtor in violating the rights of the secured party.
(b) A transferee of funds from a deposit account takes the funds free of a security interest in the deposit account unless the transferee acts in collusion with the debtor in violating the rights of the secured party.