Bank's right to refuse to enter into or disclose existence of control agreement.

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This article does not require a bank to enter into an agreement of the kind described in section 4-9-104 (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.

Source: L. 2001: Entire article R&RE, p. 1370, § 1, effective July 1.


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