Without qualifying any other statutory right to setoff or lien and subject to any contractual provision, if a party is indebted to a financial institution, the financial institution has a right to setoff against the account. The amount of the account subject to setoff is the proportion to which the party is, or immediately before death was, beneficially entitled under AS 13.33.211 or, in the absence of proof of that proportion, an equal share with all parties.
Section: Previous 13.33.206 13.33.211 13.33.212 13.33.213 13.33.214 13.33.215 13.33.216 13.33.221 13.33.222 13.33.223 13.33.224 13.33.225 13.33.226 13.33.227Last modified: November 15, 2016