Sec. 42a-9-332. Transfer of money. Transfer of funds from deposit account.
Sec. 42a-9-332. Transfer of money. Transfer of funds from deposit account.
(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.
(P.A. 01-132, S. 52.)