Arizona Revised Statutes § 47-9342 Bank's Right To Refuse To Enter Into Or Disclose Existence Of Control Agreement

47-9342. 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 section 47-9104, subsection A, paragraph 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.

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Last modified: October 13, 2016