1. (1) The offset is authorized in writing by the customer; or
2. (2) A court order is obtained to permit the offset.

For the purposes of this article, a bank or financial institution may not offset any property in its possession or money from a customer's savings or checking account for the settlement of a delinquent consumer debt unless:

Added by Acts 1975, § 1, eff. Oct. 1, 1975.