Bank's right to refuse to enter into or disclose existence of control agreement

Ark. Code Ann. § 4-9-342 — under Rights of Bank.

Ark. Code Ann. § 4-9-342

This chapter does not require a bank to enter into an agreement of the kind described in § 4-9-104(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.