Rights of Bank

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This is Subpart 4 of the Code of Virginia, titled “Rights of Bank.” It is part of Part 3 “Perfection and Priority”, which is part of Title 8.9A “Commercial Code — Secured Transactions”.

It’s comprised of the following 3 sections.

§ 8.9A-340 Effectiveness of right of recoupment or set-off against deposit account
§ 8.9A-341 Bank's rights and duties with respect to deposit account
§ 8.9A-342 Bank's right to refuse to enter into or disclose existence of control agreement