{"data":{"id":"us-ca/com-9340","jurisdiction":"us-ca","citation":"COM § 9340","heading":"","body":"(a) Except as otherwise provided in subdivision (c), 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.\n(b) Except as otherwise provided in subdivision (c), the application of this division to a security interest in a deposit account does not affect a right of recoupment or setoff of the secured party as to a deposit account maintained with the secured party.\n(c) The exercise by a bank of a setoff against a deposit account is ineffective against a secured party that holds a security interest in the deposit account which is perfected by control under paragraph (3) of subdivision (a) of Section 9104, if the setoff is based on a claim against the debtor.","path":["Commercial Code - COM","DIVISION 9. SECURED TRANSACTIONS [9101. - 9907.]","CHAPTER 3. Perfection and Priority [9301. - 9342.]"],"source_url":"https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zip","current_through":"2026-09-13","vintage":"","retrieved_at":"2026-09-14T05:56:33Z","sha256":"f5ae12763c0db8e0ed121f38cb0aa71358f6f05e82dc2d601bdf16618a625cc9","source_id":"us-ca","stale":false,"prev":"us-ca/com-9339","next":"us-ca/com-9341"},"notice":"GroundRules: Original legal text. Not legal advice."}