North Dakota § 30.1-31-20 (6-227) Setoff

North Dakota Statutes

§ 30.1-31-20 — (6-227) Setoff

North Dakota § 30.1-31-20

Title 30.1Uniform Probate Code

Ch. 30.1-31Nonprobate Transfers on Death

This text of North Dakota § 30.1-31-20 ((6-227) Setoff) is published on Counsel Stack Legal Research, covering North Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.D. Cent. Code § 30.1-31-20 (2026).

Text

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 section 30.1-31-08 or,
in the absence of proof of that proportion, an equal share with all parties.

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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 section 30.1-31-08 or,
in the absence of proof of that proportion, an equal share with all parties.