Ga. Code § 11-9-342

Current through 2023-2024 Legislative Session Chapter 709

Section 11-9-342 - 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 Code Section 11-9-104, 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.

OCGA § 11-9-342

Added by 2001 Ga. Laws 191, § 1, eff. 7/1/2001.