Wisconsin Statutes
§ 409.342 — Bank’s right to refuse to enter into or disclose existence of control agreement.
Wisconsin § 409.342
JurisdictionWisconsin
Ch. 409Uniform commercial code — secured transactions
Subch.subch. III of ch. 409 SUBCHAPTER III
PERFECTION AND PRIORITY
This text of Wisconsin § 409.342 (Bank’s right to refuse to enter into or disclose existence of control agreement.) is published on Counsel Stack Legal Research, covering Wisconsin primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Wis. Stat. § 409.342 (2026).
Text
409.342 This chapter does not require a bank to enter into an agreement of the kind described in s. 409.104 (1) (b) , 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
409.342 History History: 2001 a. 10 .
Nearby Sections
15
§ 409.101
Short title.§ 409.104
Control of deposit account.§ 409.105
Control of electronic chattel paper.§ 409.106
Control of investment property.§ 409.107
Control of letter-of-credit right.§ 409.108
Sufficiency of description.§ 409.109
Scope.§ 409.202
Title to collateral immaterial.Cite This Page — Counsel Stack
Bluebook (online)
Wisconsin § 409.342, Counsel Stack Legal Research, https://law.counselstack.com/statute/wi/409.342.