(a) Subject to subsection (b), creditor process with respect to a special deposit is not enforceable against the financial institution holding the special deposit. (b) Creditor process is enforceable against the financial institution holding a special deposit with respect to an amount the financial institution is obligated to pay a beneficiary or a depositor if the process: (1) is served on the financial institution; (2) provides sufficient information to permit the financial institution to identify the depositor or the beneficiary from the financial institution's books and records; and (3) gives the financial institution a reasonable opportunity to act on the process. (c) Creditor process served on a financial institution before it is enforceable against the financial institution under subsection (b) does not create a right of the creditor against the financial institution or a duty of the financial institution to the creditor. Other law determines whether creditor process creates a lien enforceable against the beneficiary on a contingent interest of a beneficiary, including a depositor as a beneficiary, even if not enforceable against the financial institution.
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