California § 9332 - A transferee of tangible money takes the money free of a security interest if the
Full text of California Public Contract Code - PCC § 9332 — A transferee of tangible money takes the money free of a security interest if the, with citation guidance and answers to common questions.
§ 9332. A transferee of tangible money takes the money free of a security interest if the
(a) A transferee of tangible money takes the money free of a security interest if the transferee receives possession of the money without acting 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 if the transferee receives the funds without acting in collusion with the debtor in violating the rights of the secured party. (c) A transferee of electronic money takes the money free of a security interest if the transferee obtains control of the money without acting in collusion with the debtor in violating the rights of the secured party.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 9332
What does Public Contract Code - PCC § 9332 cover?
Section 9332 ("A transferee of tangible money takes the money free of a security interest if the") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite California § 9332?
A common citation format is "Public Contract Code - PCC § 9332" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of California law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.
How does California § 9332 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in California.