Georgia Statutes

§ 11-9-342 — Bank's right to refuse to enter into or disclose existence of control agreement

Georgia § 11-9-342

This text of Georgia § 11-9-342 (Bank's right to refuse to enter into or disclose existence of control agreement) is published on Counsel Stack Legal Research, covering Georgia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
O.C.G.A. § 11-9-342 (2026).

Text

This article does not require a bank to enter into an agreement of the kind described in paragraph (2) of subsection (a) of Code Section 11-9-104 , 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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Legislative History

Added by 2001 Ga. Laws 191, § 1, eff. 7/1/2001.

Nearby Sections

15
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Bluebook (online)
Georgia § 11-9-342, Counsel Stack Legal Research, https://law.counselstack.com/statute/ga/11-9-342.