Tex. Bus. & Com. Code § 9.342

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 9.342 - Bank's Right to Refuse to Enter Into or Disclose Existence of Control Agreement

This chapter does not require a bank to enter into an agreement of the kind described in Section 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.

Tex. Bus. and Comm. Code § 9.342

Added by Acts 1999, 76th Leg., ch. 414, Sec. 1.01, eff. 7/1/2001.