Bank’s right to refuse to enter into or disclose existence of control agreement
Code 1981, § 11-9-342, enacted by Ga
This article does not require a bank to enter into an agreement of the kind described in paragraph (2) of subsection (a) of Code Section 11-9-104, 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.
Current official text: Official Code of Georgia Annotated (LexisNexis). Digitized from the Internet Archive scan of the OCGA. Reproduced from public-domain Georgia statutes; confirm against the official source for the current text. Not legal advice.