{"data":{"id":"us-mt/30-9a-340","jurisdiction":"us-mt","citation":"30-9A-340","heading":"Effectiveness of right of recoupment or setoff against deposit account.","body":"(1) Except as otherwise provided in subsection (3), a bank with which a deposit account is maintained may exercise against a secured party that holds a security interest in the deposit account any right of recoupment or setoff.\n(2) Except as otherwise provided in subsection (3), the application of this chapter 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(3) 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 that is perfected by control under 30-9A-104(1)(c) if the setoff is based on a claim against the debtor.","path":["TITLE 30. TRADE AND COMMERCE","CHAPTER 9A. UNIFORM COMMERCIAL CODE SECURED TRANSACTIONS","Part 3. Perfection and Priority"],"source_url":"https://mca.legmt.gov/bills/mca/title_0300/chapter_009A/part_0030/section_0400/0300-009A-0030-0400.html","current_through":"Montana Code Annotated 2025","vintage":"","retrieved_at":"2026-09-14T04:51:14Z","sha256":"0f82ac4cfcc4d77ef654ce84defb38bf9beb5005b49f96aff99db7d5416f1654","source_id":"us-mt","stale":false,"prev":"us-mt/30-9a-339","next":"us-mt/30-9a-341"},"notice":"GroundRules: Original legal text. Not legal advice."}