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

K.S.A. 84-9-342, under SECURED TRANSACTIONS.

K.S.A. 84-9-342

84-9-342. Bank's right to refuse to enter into or disclose existence of control agreement. This article does not require a bank to enter into an agreement of the kind described in K.S.A. 2025 Supp. 84-9-104(a)(2), and amendments thereto, even if the bank's 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 the bank's customer. History: L. 2000, ch. 142, § 62; July 1, 2001.