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336.9-342 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 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.

HIST: 2000 c 399 art 1 s 62

Official Publication of the State of Minnesota
Revisor of Statutes