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§ 1-9-342. Bank's right to refuse to enter into or disclose existence of control agreement

Oklahoma Statutes AnnotatedTitle 12A. Commercial Code

Oklahoma Statutes Annotated
Title 12a. Commercial Code (Refs & Annos)
Article 9. Secured Transactions (Refs & Annos)
Part 3. Perfection and Priority (Refs & Annos)
12A Okl.St.Ann. § 1-9-342
§ 1-9-342. Bank's right to refuse to enter into or disclose existence of control agreement
Bank's right to refuse to enter into or disclose existence of control agreement
This article does not require a bank to enter into an agreement of the kind described in paragraph (2) of subsection (a) of Section 1-9-104 of this title, 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.

Credits

Laws 2000, c. 371, § 69, eff. July 1, 2001.
12A Okl. St. Ann. § 1-9-342, OK ST T. 12A § 1-9-342
Current with emergency effective legislation through Chapter 449 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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