New York § 9-342 Bank's Right to Refuse to Enter into or Disclose Existence of Control Agreement

New York Statutes

§ 9-342 — Bank's Right to Refuse to Enter into or Disclose Existence of Control Agreement

New York § 9-342

JurisdictionNew York

Law UCCUniform Commercial Code

Part 3Perfection and Priority

Subpart 4Rights of Bank

Art. 9Secured Transactions

This text of New York § 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 York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.Y. Uniform Commercial Code § 9-342 (2026).

Text

Section 9--342. Bank's Right to Refuse to Enter into or Disclose\n                  Existence of Control Agreement.\n  This article does not require a bank to enter into an agreement of the\nkind described in Section 9--104(a)(2), even if its customer so requests\nor directs. A bank that has entered into such an agreement is not\nrequired to confirm the existence of the agreement to another person\nunless requested to do so by its customer.\n

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Section 9--342. Bank's Right to Refuse to Enter into or Disclose\n Existence of Control Agreement.\n This article does not require a bank to enter into an agreement of the\nkind described in Section 9--104(a)(2), even if its customer so requests\nor directs. A bank that has entered into such an agreement is not\nrequired to confirm the existence of the agreement to another person\nunless requested to do so by its customer.\n