{"data":{"id":"us-tn/tenn.-code-ann.-47-9-340","jurisdiction":"us-tn","citation":"Tenn. Code Ann. § 47-9-340","heading":"Effectiveness of right of recoupment or set-off against deposit account","body":"(a) Exercise of recoupment or set-off. 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) Recoupment or set-off not affected by security interest. Except as otherwise provided in subsection (c), the application of this chapter 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) When set-off ineffective. 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 § 47-9-104(a)(3) , if the set-off is based on a claim against the debtor.","path":["TN Code","Title 47","Chapter 9"],"source_url":"https://oss-data-us.vaquill.ai/v2026.08/us_tn_statutes.parquet","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:26Z","sha256":"72680f268be7b2edbebeaa237387592d8c310bd27146a21de85a663e15db78b7","source_id":"us-tn","stale":false,"prev":"us-tn/tenn.-code-ann.-47-9-307","next":"us-tn/tenn.-code-ann.-47-9-341"},"notice":"GroundRules: Original legal text. Not legal advice."}