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Alabama · Through Act 2026-611

Ala. Code § 7-9A-342: Bank’s Right to Refuse to Enter into or Disclose Existence of Control Agreement.

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Where this section sits in the code
  1. Title 7 Commercial Code.
  2. Article 9A Secured Transactions.
  3. Part 3 Perfection and Priority.
  4. Division 4 Rights of Bank.

This article does not require a bank to enter into an agreement of the kind described in Section 7-9A-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.

Collected 2026-09-03T14:01:52Z. Source file · JSON

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