TITLE XXXIV-A
UNIFORM COMMERCIAL CODE

CHAPTER 382-A
UNIFORM COMMERCIAL CODE

ARTICLE 9
SECURED TRANSACTIONS

Part 3
Perfection and Priority

Rights of Bank

Section 382-A:9-342

    382-A: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 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. 2001, 102:25, eff. July 1, 2001.