Bank's right to refuse to enter into or disclose existence of control agreement.
G.S. 25-9-342
in effect§ 25-9-342. 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 G.S. 25-9-104(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. (2000-169, s. 1.)
Source: North Carolina General Assembly (ncleg.gov)URL: https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_25/GS_25-9-342.htmlFetched: 10/19/2026
