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2002 Florida Statutes

Title XXXIX COMMERCIAL RELATIONS
Chapter 679 UNIFORM COMMERCIAL CODE: SECURED TRANSACTIONS Entire Chapter
SECTION 342
Bank's right to refuse to enter into or disclose existence of control agreement.
Section 679.342, Florida Statutes 2002

679.342  Bank's right to refuse to enter into or disclose existence of control agreement.--This chapter does not require a bank to enter into an agreement of the kind described in s. 679.1041(1)(b), 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.--s. 3, ch. 2001-198.