§490:9-342 - Bank's right to refuse to enter into or disclose existence of control agreement.
§490:9-342 Bank's right to refuse to enter into or disclose existence of control agreement. This article does not require a bank to enter into an agreement of the kind described in section 490:9-104(a)(2), even if its customer so requests or directs. A bank that has entered into such an agreement is not required to confirm the existence of the agreement to another person unless requested to do so by its customer. [L 2000, c 241, pt of §1]