Ala. Code § 5-24-27
Current through the 2024 Regular Session.
Without qualifying any other statutory right to set-off or lien and subject to any contractual provision between a party and a financial institution, if any party is indebted to a financial institution, the financial institution has a right to set-off against the entire amount of the account without regard to the net contribution of the parties to the account.
Ala. Code § 5-24-27 (1975)