Title 70A - Uniform Commercial Code - Chapter 9a - Uniform Commercial Code - Secured Transactions - Part 3 - Perfection and Priority - Section 332 - Transfer of money -- Transfer of funds from deposit account.

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Utah Code

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70A-9a-332 Transfer of money -- Transfer of funds from deposit account. (1) 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. (2) 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.

Enacted by Chapter 252, 2000 General Session