{"data":{"id":"us-ct/conn.-gen.-stat.-42a-9-340","jurisdiction":"us-ct","citation":"Conn. Gen. Stat. § 42a-9-340","heading":"Effectiveness of right of recoupment or set-off against deposit account.","body":"(a) Except as otherwise provided in subsection (c), 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(b) Except as otherwise provided in subsection (c), 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(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 subdivision (3) of subsection (a) of section 42a-9-104 if the set-off is based on a claim against the debtor.","path":["TITLE 42a. UNIFORM COMMERCIAL CODE","ARTICLE 9*. SECURED TRANSACTIONS","PART 3. PERFECTION AND PRIORITY"],"source_url":"https://www.cga.ct.gov/current/pub/art_009.htm#sec_42a-9-340","current_through":"Revised to January 1, 2026 (2026 Supplement to the General Statutes of Connecticut, applied over the base revision of January 1, 2025)","vintage":"","retrieved_at":"2026-09-06T19:07:15Z","sha256":"45b7eb20da71dd7373bd55974a9d4eedf6fc748c79adf45446333018203b7407","source_id":"us-ct","stale":false,"prev":"us-ct/conn.-gen.-stat.-42a-9-339","next":"us-ct/conn.-gen.-stat.-42a-9-341"},"notice":"GroundRules: Original legal text. Not legal advice."}