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

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This chapter does not require a bank to enter into an agreement of the kind described in Section 36-9-104(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.

HISTORY: 2001 Act No. 67, Section 12.


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