This chapter does not require a bank to enter into an agreement of the kind described in Subsection 70A-9a-104(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.
Utah Code § 70A-9a-342
Bank's right to refuse to enter into or disclose existence of control agreement
Known as the Uniform Commercial Code
The act spans §§ 70–70 (293 sections).
Enacted by Chapter 252, 2000 General Session
Official source: Utah State Legislature. Reproduced from public-domain Utah statutes; confirm against the official source for the current text. Not legal advice.