Colorado § 4-9-342 - Bank's right to refuse to enter into or disclose existence of control agreement.
Full text of Colorado Colorado Revised Statutes § 4-9-342 — Bank's right to refuse to enter into or disclose existence of control agreement., with citation guidance and answers to common questions.
§ 4-9-342. 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 section 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.
Source: L. 2001: Entire article R&RE, p. 1370, § 1, effective July 1.
PART 4
RIGHTS OF THIRD PARTIES
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 4-9-342
What does Colorado Revised Statutes § 4-9-342 cover?
Section 4-9-342 ("Bank's right to refuse to enter into or disclose existence of control agreement.") is part of the Colorado Revised Statutes, the codified statutory law of Colorado. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Colorado § 4-9-342?
A common citation format is "Colorado Revised Statutes § 4-9-342" (Colorado). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Colorado law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Colorado official source linked on this page or consult a licensed Colorado attorney.
How does Colorado § 4-9-342 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Colorado can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Colorado.