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New York · Through 2026-09-11

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

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Where this section sits in the code
  1. Uniform Commercial Code Law
  2. Article 9. Secured Transactions
  3. Part 3. Perfection and Priority
  4. Subpart 4. Rights of Bank

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.

Collected 2026-09-14T19:32:45Z. Source file · JSON

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