Utah Code § 70A-9a-342

Current through the 2024 Fourth Special Session
Section 70A-9a-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 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

Enacted by Chapter 252, 2000 General Session.