{"data":{"id":"us-co/c.r.s.-4-9-340","jurisdiction":"us-co","citation":"C.R.S. § 4-9-340","heading":"Effectiveness of right of recoupment or set-off against deposit account.","body":"(a) Except as otherwise provided in subsection (c) of this section, a bank with which a deposit account is maintained may exercise any right of recoupment or set-off against a secured party that holds a security interest in the deposit account.\n\n(b) Except as otherwise provided in subsection (c) of this section, the application of this article to a security interest in a deposit account does not affect a right of recoupment or set-off of the secured party as to a deposit account maintained with the secured party.\n\n(c) The exercise by a bank of a set-off 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 section 4-9-104 (a)(3), if the set-off is based on a claim against the debtor.","path":["Title 4 - UNIFORM COMMERCIAL CODE","Article 9 - Secured Transactions","Part 3 - PERFECTION AND PRIORITY"],"source_url":"https://olls.info/crs/crs2026-title-04.htm","current_through":"Colorado Revised Statutes 2026","vintage":"","retrieved_at":"2026-09-14T18:37:45Z","sha256":"f548a79ce021a7ace8bcdcd5fe8a038f0b5556feb13014a7b51a023dd31910d2","source_id":"us-co","stale":false,"prev":"us-co/c.r.s.-4-9-339","next":"us-co/c.r.s.-4-9-341"},"notice":"GroundRules: Original legal text. Not legal advice."}