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11 §9-1340. Effectiveness of right of recoupment or setoff against deposit account

§9-1340. Effectiveness of right of recoupment or setoff against deposit account (1).  Except as otherwise provided in subsection (3), a bank with which a deposit account is maintained may exercise any right of recoupment or setoff against a secured party that holds a security interest in the deposit account.   [PL 1999, c. 699, Pt. […]

11 §9-1341. Bank’s rights and duties with respect to deposit account

§9-1341. Bank’s rights and duties with respect to deposit account Except as otherwise provided in section 9-1340, subsection (3), and unless the bank otherwise agrees in an authenticated record, a bank’s rights and duties with respect to a deposit account maintained with the bank are not terminated, suspended or modified by:   [PL 1999, c. […]