Michigan Compiled Laws 174-1962-9-3-4. Subpart 4. Rights Of Bank (440.9340...440.9342)

• Section 440.9340 Effectiveness Of Right Of Recoupment Or Setoff Against Deposit Account.
  (1) Except as otherwise provided in subsection (3), a bank with which a deposit account is maintained may exercise any right of recoupment or...
• Section 440.9341 Bank's Rights And Duties With Respect To Deposit Account.
  Except as otherwise provided in section 9340(3), and unless the bank otherwise agrees in an authenticated record, a bank's rights and duties with respect...
• Section 440.9342 Bank's Right To Refuse To Enter Into Or Disclose Existence Of Control Agreement.
  This article does not require a bank to enter into an agreement of the kind described in section 9104(1)(b), even if its customer so...

Last modified: October 10, 2016