New Jersey § 12A:9-342 Bank's right to refuse to enter into or disclose existence of control agreement.

New Jersey Statutes

§ 12A:9-342 — Bank's right to refuse to enter into or disclose existence of control agreement.

New Jersey § 12A:9-342

Title 12ACOMMERCIAL TRANSACTIONS

This text of New Jersey § 12A:9-342 (Bank's right to refuse to enter into or disclose existence of control agreement.) is published on Counsel Stack Legal Research, covering New Jersey primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.J. Stat. Ann. § 12A:9-342 (2026).

Text

12A: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 12A: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. L.2001, c.117, s.1; amended 2001, c.386, s.57.

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12A: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 12A: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. L.2001, c.117, s.1; amended 2001, c.386, s.57.