Nevada Revised Statutes 672.650 – Right to setoff against multiple-party accounts
Current as of: 2023 | Check for updates
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Without qualifying any other statutory right to setoff or lien and subject to any contractual provision, when a party to a multiple-party account is indebted to a credit union, the credit union has a right to setoff against the entire amount of the account.
Terms Used In Nevada Revised Statutes 672.650
- Lien: A claim against real or personal property in satisfaction of a debt.