Minnesota Statutes 336.9-342 – Bank’s Right to Refuse to Enter Into or Disclose Existence of Control Agreement
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This article does not require a bank to enter into an agreement of the kind described in section 336.9-104(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.
Terms Used In Minnesota Statutes 336.9-342
- Person: may extend and be applied to bodies politic and corporate, and to partnerships and other unincorporated associations. See Minnesota Statutes 645.44