North Dakota Code 41-09-62 – (9-342) Bank’s right to refuse to enter into or disclose existence of control agreement
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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.
Terms Used In North Dakota Code 41-09-62
- Person: means an individual, organization, government, political subdivision, or government agency or instrumentality. See North Dakota Code 1-01-49