This chapter does not require a bank to enter into an agreement of the kind described in § 47-9-104(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.
Tenn. Code Ann. § 47-9-342
Bank's right to refuse to enter into or disclose existence of control agreement
Known as the Uniform Commercial Code
The act spans §§ 47–47 (578 sections).
Acts 2000, ch. 846, § 1.
Current official text: Tennessee Code (LexisNexis). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Tennessee statutes; confirm against the official source for the current text. Not legal advice.