Rhode Island General Laws 6A-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 § 6A-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.
History of Section.
P.L. 2000, ch. 182, § 6; P.L. 2000, ch. 420, § 6.
Terms Used In Rhode Island General Laws 6A-9-342
- person: may be construed to extend to and include co-partnerships and bodies corporate and politic. See Rhode Island General Laws 43-3-6