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Bank's right to refuse to enter into or disclose existence of control agreement

KRS 355.9-342
in effect
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355.9-342. 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 KRS 355.9-104(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. Effective: July 1, 2001 History: Created 2000 Ky. Acts ch. 408, sec. 82, effective July 1, 2001.
Source: Kentucky Legislative Research Commission (legislature.ky.gov)URL: https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=33795Fetched: 10/20/2026

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