ORS 79A.3420: UCC 9-342. Bank’s right to refuse to enter into or disclose existence of control agreement.
Where this section sits in the code
- 02 - Business Organizations, Commercial Code
- 8. Commercial Transactions
- Chapter 79A — Secured Transactions
This chapter does not require a bank to enter into an agreement of the kind described in ORS 79A.1040 (1)(b), 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. [Formerly 79.0342]
RIGHTS OF THIRD PARTIES
Collected 2026-09-03T23:50:11Z. Source file · JSON