South Carolina Statutes
§ 36-9-342 — Bank's right to refuse to enter into or disclose existence of control agreement.
South Carolina § 36-9-342
This text of South Carolina § 36-9-342 (Bank's right to refuse to enter into or disclose existence of control agreement.) is published on Counsel Stack Legal Research, covering South Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
S.C. Code Ann. § 36-9-342 (2026).
Text
This chapter does not require a bank to enter into an agreement of the kind described in Section 36-9-104(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.
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Legislative History
HISTORY: 2001 Act No. 67, SECTION 12. Part 4 Rights of Third Parties
Nearby Sections
15
§ 36-9-101
Short title.§ 36-9-102
Definitions and index of definitions.§ 36-9-104
Control of deposit account.§ 36-9-106
Control of investment property.§ 36-9-107
Control of letter-of-credit right.§ 36-9-108
Sufficiency of description.§ 36-9-109
Scope.§ 36-9-111
UCC lien satisfaction.§ 36-9-202
Title to collateral immaterial.Cite This Page — Counsel Stack
Bluebook (online)
South Carolina § 36-9-342, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/9/36-9-342.