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#1658084 - 01/30/12 09:42 PM Right of Offset for NSF/OD Accounts?
Playin 88-Keys Offline
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Playin 88-Keys
Joined: Aug 2009
Posts: 20
Riding along the Coast
Brain Freeze Moment: If we have a personal account held jointly that is overdrawn, can we offset this OD amount using funds from an account held individually by one of the joint owners?
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#1658087 - 01/30/12 09:46 PM Re: Right of Offset for NSF/OD Accounts? Playin 88-Keys
cbinder63 Offline

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cbinder63
Joined: Dec 2001
Posts: 674
Colorado
Look at the deposit contract/signature card for the accounts. Many will have verbiage relating to the right of setoff (offset) from accounts.
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