TITLE 6A

Uniform Commercial Code

CHAPTER 6A-9

Secured Transactions

PART 6A-9-301

Perfection and Priority

SECTION 6A-9-342



   § 6A-9-342  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 § 6A-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.



History of Section.

(P.L. 2000, ch. 182, § 6; P.L. 2000, ch. 420, § 6.)