AS 13.33.227: Setoff.
Where this section sits in the code
- Title 13. Decedents' Estates, Guardianships, Transfers, Trusts, and Health Care Decisions.
- Chapter 33. Nonprobate Transfers.
- Article 2. Single and Multiple Party Accounts.
Without qualifying any other statutory right to setoff or lien and subject to any contractual provision, if a party is indebted to a financial institution, the financial institution has a right to setoff against the account. The amount of the account subject to setoff is the proportion to which the party is, or immediately before death was, beneficially entitled under AS 13.33.211 or, in the absence of proof of that proportion, an equal share with all parties.
Collected 2026-09-02T06:16:54Z. Source file · JSON