{"data":{"id":"us-ne/neb.-u.c.c.-9-340","jurisdiction":"us-ne","citation":"Neb. U.C.C. § 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 9-104(a)(3), if the set-off is based on a claim against the debtor.","path":["Uniform Commercial Code","Article 9"],"source_url":"https://nebraskalegislature.gov/laws/ucc.php?code=9-340","current_through":"Laws 2026","vintage":"","retrieved_at":"2026-09-17T21:01:12Z","sha256":"dd3347901af8c0f704beaa7fb46028512ef40004e8f315334849d3381f755164","source_id":"us-ne","stale":true,"prev":"us-ne/neb.-u.c.c.-9-339","next":"us-ne/neb.-u.c.c.-9-341"},"notice":"GroundRules: Original legal text. Not legal advice."}