{"data":{"id":"us-mo/mo.-rev.-stat.-400.9-340","jurisdiction":"us-mo","citation":"Mo. Rev. Stat. § 400.9-340","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 section 400.9-104(a)(3), if the set-off is based on a claim against the debtor.","path":["Title XXVI - TRADE AND COMMERCE","Chapter 400 - Uniform Commercial Code"],"source_url":"https://revisor.mo.gov/main/OneSection.aspx?section=400.9-340","current_through":"2026 legislative session (floor)","vintage":"","retrieved_at":"2026-09-03T22:23:28Z","sha256":"96dbfe69aedca96a277eab7fa05c220870ca902c6033c936dd1274f1882753d7","source_id":"us-mo","stale":false,"prev":"us-mo/mo.-rev.-stat.-400.9-339","next":"us-mo/mo.-rev.-stat.-400.9-341"},"notice":"GroundRules: Original legal text. Not legal advice."}