N.Y. Uniform Commercial Code Law Section 9-342
Bank’s Right to Refuse to Enter into or Disclose Existence of Control Agreement

Section 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: Section 9-342 — Bank's Right to Refuse to Enter into or Disclose Existence of Control Agreement, https://www.­nysenate.­gov/legislation/laws/UCC/9-342 (updated Sep. 22, 2014; accessed Oct. 26, 2024).

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Accessed:
Oct. 26, 2024

Last modified:
Sep. 22, 2014

§ 9-342’s source at nysenate​.gov

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