{"data":{"id":"us-nv/nrs-104.9340","jurisdiction":"us-nv","citation":"NRS 104.9340","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 any right of recoupment or setoff against a secured party that holds a security interest in the deposit account.\n2. Except as otherwise provided in subsection 3, the application of this article 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.\n3. 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 which is perfected by control under paragraph (c) of subsection 1 of NRS 104.9104, if the setoff is based on a claim against the debtor.","path":["TITLE 8 — COMMERCIAL INSTRUMENTS AND TRANSACTIONS","CHAPTER 104 - UNIFORM COMMERCIAL CODE—ORIGINAL ARTICLES","SECURED TRANSACTIONS","Perfection and Priority"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-104.html#NRS104Sec9340","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:31Z","sha256":"1da9432efbe0141b5f062f17661bb2b5510a060086cb024ae7708b3008c7a434","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-104.9339","next":"us-nv/nrs-104.9341"},"notice":"GroundRules: Original legal text. Not legal advice."}