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North Carolina · Through S.L. 2026-30

N.C. Gen. Stat. § 25-9-342: 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. Chapter 25. Uniform Commercial Code.
  2. Article 9. Secured Transactions.
  3. Part 3. Perfection and Priority.

This Article does not require a bank to enter into an agreement of the kind described in G.S. 25-9-104(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. (2000-169, s. 1.)

Collected 2026-08-27T17:58:47Z. Source file · JSON

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