104.9341 - Bank’s rights and duties with respect to deposit account.
104.9341 Bank’s rights and duties with respect to deposit account. Except as otherwise provided in subsection 3 of NRS 104.9340, and unless the bank otherwise agrees in an authenticated 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.
(Added to NRS by 1999, 322)
NRS 104.9342 Bank’s right to refuse to enter into or disclose existence of control agreement. This article does not require a bank to enter into an agreement of the kind described in paragraph (b) of subsection 1 of NRS 104.9104, even if its customer so requests or directs. A bank that has entered into such an agreement is not required to confirm the existence of the agreement to another person unless requested to do so by its customer.
(Added to NRS by 1999, 323)