57A-9-342. Bank's right with respect to agreement giving secured party control of deposit account.
57 words·~1 min read·
/sd/title-57/chapter-57-9/57a-9-342A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
This chapter does not require a bank to enter into an agreement of the kind described in § 57A-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.