{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/8.9A-341.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/8.9A-341.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/8.9A-341.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/8.9A-341.html"}],"law_id":75342,"edition_id":1,"section_id":75342,"structure_id":16703,"section_number":"8.9A-341","catch_line":"Bank’s rights and duties with respect to deposit account","history":"2000, c. 1007; 2024, c. 652.","full_text":"Except as otherwise provided in \u00a7 8.9A-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:\n\n1\n\nthe creation, attachment, or perfection of a security interest in the deposit account;2\n\nthe bank’s knowledge of the security interest; or3\n\nthe bank’s receipt of instructions from the secured party.","order_by":null,"text":{"0":{"id":270458,"text":"Except as otherwise provided in \u00a7 8.9A-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:","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1,"next_prefix":"1"},"1":{"id":270459,"text":"the creation, attachment, or perfection of a security interest in the deposit account;","type":"section","prefixes":["1"],"prefix":"1","entire_prefix":"1","prefix_anchor":"1","level":1,"prior_prefix":"","next_prefix":"2"},"2":{"id":270460,"text":"the bank’s knowledge of the security interest; or","type":"section","prefixes":["2"],"prefix":"2","entire_prefix":"2","prefix_anchor":"2","level":1,"prior_prefix":"1","next_prefix":"3"},"3":{"id":270461,"text":"the bank’s receipt of instructions from the secured party.","type":"section","prefixes":["3"],"prefix":"3","entire_prefix":"3","prefix_anchor":"3","level":1,"prior_prefix":"2"}},"ancestry":[{"id":16703,"edition_id":1,"name":"Rights of Bank","identifier":"4","label":"subpart","depth":3,"order_by":1,"parent_id":13858,"metadata":{},"date_created":"2026-06-26 04:34:04","date_modified":"2026-06-26 04:34:04","permalink":{"id":284123,"object_type":"structure","relational_id":16703,"identifier":"4","token":"8.9A\/3\/4","url":"\/8.9A\/3\/4\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13858,"edition_id":1,"name":"Perfection and Priority","identifier":"3","label":"part","depth":2,"order_by":1,"parent_id":13277,"metadata":{},"date_created":"2026-06-26 03:46:06","date_modified":"2026-06-26 03:46:06","permalink":{"id":283943,"object_type":"structure","relational_id":13858,"identifier":"3","token":"8.9A\/3","url":"\/8.9A\/3\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13277,"edition_id":1,"name":"Commercial Code \u2014 Secured Transactions","identifier":"8.9A","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:44:33","date_modified":"2026-06-26 03:44:33","permalink":{"id":283833,"object_type":"structure","relational_id":13277,"identifier":"8.9A","token":"8.9A","url":"\/8.9A\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":84766,"structure_id":16703,"section_number":"8.9A-340","catch_line":"Effectiveness of right of recoupment or set-off against deposit account","url":"\/8.9A-340\/","token":"8.9A\/3\/4\/8.9A-340","metadata":false},{"id":75342,"structure_id":16703,"section_number":"8.9A-341","catch_line":"Bank's rights and duties with respect to deposit account","url":"\/8.9A-341\/","token":"8.9A\/3\/4\/8.9A-341","metadata":false},{"id":75497,"structure_id":16703,"section_number":"8.9A-342","catch_line":"Bank's right to refuse to enter into or disclose existence of control agreement","url":"\/8.9A-342\/","token":"8.9A\/3\/4\/8.9A-342","metadata":false}],"previous_section":{"id":84766,"structure_id":16703,"section_number":"8.9A-340","catch_line":"Effectiveness of right of recoupment or set-off against deposit account","url":"\/8.9A-340\/","token":"8.9A\/3\/4\/8.9A-340","metadata":false},"next_section":{"id":75497,"structure_id":16703,"section_number":"8.9A-342","catch_line":"Bank's right to refuse to enter into or disclose existence of control agreement","url":"\/8.9A-342\/","token":"8.9A\/3\/4\/8.9A-342","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/8.9A-341\/","history_text":"

This law was first created in 2000. The record of its establishment is cataloged in chapter 1007<\/a> of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year. It has been modified 1 time. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. That modification is as follows: in 2024, chapter 652<\/a>.<\/p>","references":false,"refers_to":[{"id":84766,"section_number":"8.9A-340","catch_line":"Effectiveness of right of recoupment or set-off against deposit account","order_by":null,"url":"\/8.9A-340\/"}],"permalink":{"id":284129,"object_type":"law","relational_id":75342,"identifier":"8.9A-341","token":"8.9A\/3\/4\/8.9A-341","url":"\/8.9A-341\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/8.9A-341\/","token":"8.9A\/3\/4\/8.9A-341","dublin_core":{"Title":"Bank’s rights and duties with respect to deposit account","Type":"Text","Format":"text\/html","Identifier":"\u00a7 8.9A-341","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

Except as otherwise provided in \u00a7 8.9A-340<\/a> (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:<\/p><\/section>\n\t\t\t\t\t\t

1.<\/span> the creation, attachment<\/span>, or perfection of a security interest in the deposit account; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

2.<\/span> the bank’s knowledge of the security interest; or <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

3.<\/span> the bank’s receipt of instructions from the secured party<\/span>. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nBANK’S RIGHTS AND DUTIES WITH RESPECT TO DEPOSIT ACCOUNT (\u00a7 8.9A-341)\n\nExcept as otherwise provided in \u00a7 8.9A-340 (c), and unless the bank otherwise\nagrees in a signed record, a bank’s rights and duties with respect to a\ndeposit account maintained with the bank are not terminated, suspended, or\nmodified by:\n\n1. the creation, attachment, or perfection of a security interest in the deposit\naccount;\n\n2. the bank’s knowledge of the security interest; or\n\n3. the bank’s receipt of instructions from the secured party.\n\nHISTORY: 2000, c. 1007; 2024, c. 652.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}