N.D. Cent. Code § 41-09-62: (9-342) Bank's right to refuse to enter into or disclose existence of control agreement
Where this section sits in the code
- Title 41 Uniform Commercial Code
- Chapter 41-09 Secured Transactions
This chapter does not require a bank to enter into an agreement of the kind described in subdivision b of subsection 1 of section 41-09-04, 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 2026-09-02T21:04:14Z. Source file · JSON