North Dakota Statutes

§ 41-09-62 — (9-342) Bank's right to refuse to enter into or disclose existence of control agreement

North Dakota·Title 41 Uniform Commercial Code·Ch. 41-09 Secured Transactions
agreement. This chapter does not require a bank to enter into an agreement of the kind described in subdivision b of subsection 1 of section 41-09-04, 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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