N.C. Gen. Stat. § 25-9-342: Bank's right to refuse to enter into or disclose existence of control agreement.
Where this section sits in the code
- Chapter 25. Uniform Commercial Code.
- Article 9. Secured Transactions.
- 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