8.9A-342 - A-342. Bank's right to refuse to enter into or disclose existence of control agreement. - Virginia Statutes

§ 8.9A-342. Bank's right to refuse to enter into or disclose existence ofcontrol agreement.

This title does not require a bank to enter into an agreement of the kinddescribed in § 8.9A-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 theexistence of the agreement to another person unless requested to do so by itscustomer.

(2000, c. 1007.)