Emerging Trends in Commercial Law
1/28/2008 10:03:41 PM EST
Interests in Borrowers' Depository Accounts
Posted by AME3bg
Revised Article 9 brings depository accounts within its scope, with perfection to be effected by control. An American Bar Association committee has developed model deposit account control agreements. The forms are discussed and reproduced in Asset Based Financing: A Transactional Guide.

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