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HAWAII STATUTES AND CODES

§490:9-332 - Transfer of money; transfer of funds from deposit account.

     §490:9-332  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. [L 2000, c 241, pt of §1]

 

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