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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>75342</law_id><section_number>8.9A-341</section_number><catch_line>Bank&amp;#8217;s rights and duties with respect to deposit account</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><structure><unit label="title" level="1" order_by="1" identifier="8.9A">Commercial Code &#x2014; Secured Transactions</unit><unit label="part" level="2" order_by="1" identifier="3">Perfection and Priority</unit><unit label="subpart" level="3" order_by="1" identifier="4">Rights of Bank</unit></structure><text>
						<section><p>Except as otherwise provided in &#xA7;&#xA0;<a class="law" title="Effectiveness of right of recoupment or set-off against deposit account" href="/8.9A-340/">8.9A-340</a> (c), and unless the bank otherwise agrees in a signed record, a bank&#x2019;s rights and duties with respect to a deposit account maintained with the bank are not terminated, suspended, or modified by:</p></section>
						<section id="1"><p><span class="prefix-number">1.</span> the creation, <span class="dictionary">attachment</span>, or perfection of a security interest in the deposit account; <a id="paragraph-270459" class="section-permalink" href="https://vacode.org/8.9A-341/#1"><i class="fa fa-link"/></a></p></section>
						<section id="2"><p><span class="prefix-number">2.</span> the bank&#x2019;s knowledge of the security interest; or <a id="paragraph-270460" class="section-permalink" href="https://vacode.org/8.9A-341/#2"><i class="fa fa-link"/></a></p></section>
						<section id="3"><p><span class="prefix-number">3.</span> the bank&#x2019;s receipt of instructions from the secured <span class="dictionary">party</span>. <a id="paragraph-270461" class="section-permalink" href="https://vacode.org/8.9A-341/#3"><i class="fa fa-link"/></a></p></section></text><history>2000, c. 1007; 2024, c. 652.</history><metadata></metadata></law>
