Virginia Statutes
§ 8.9A-342 — Bank's right to refuse to enter into or disclose existence of control agreement
Virginia § 8.9A-342
JurisdictionVirginia
Title 8.9ACOMMERCIAL CODE — SECURED TRANSACTIONS
Part 3PERFECTION AND PRIORITY
Subpart 4RIGHTS OF BANK
This text of Virginia § 8.9A-342 (Bank's right to refuse to enter into or disclose existence of control agreement) is published on Counsel Stack Legal Research, covering Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Va. Code Ann. § 8.9A-342 (2026).
Text
This title does not require a bank to enter into an agreement of the kind described in § 8.9A-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
2000, c. 1007.
Nearby Sections
15
§ 8.9A-101
Short title§ 8.9A-102
Definitions and index of definitions§ 8.9A-104
Control of deposit account§ 8.9A-105.1
Control of electronic money§ 8.9A-106
Control of investment property§ 8.9A-107
Control of letter-of-credit right§ 8.9A-107.1
Control of controllable electronic record, controllable account, or controllable payment intangible§ 8.9A-108
Sufficiency of description§ 8.9A-109
Scope§ 8.9A-202
Title to collateral immaterialCite This Page — Counsel Stack
Bluebook (online)
Virginia § 8.9A-342, Counsel Stack Legal Research, https://law.counselstack.com/statute/va/8.9A/8.9A-342.