Bank's right with respect to agreement giving secured party control of deposit account.

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57A-9-342. Bank's right with respect to agreement giving secured party control of deposit account.

This chapter does not require a bank to enter into an agreement of the kind described in §57A-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: SL 2000, ch 231.


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