Maine Revised Statutes Title 11. Uniform Commercial Code § 9-1342. Bank's right to refuse to enter into or disclose existence of control agreement
Current as of January 01, 2022 | Updated by FindLaw Staff
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This Article does not require a bank to enter into an agreement of the kind described in section 9-1104, subsection (1), paragraph (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.
Cite this article: FindLaw.com - Maine Revised Statutes Title 11. Uniform Commercial Code § 9-1342. Bank's right to refuse to enter into or disclose existence of control agreement - last updated January 01, 2022 | https://codes.findlaw.com/me/title-11-uniform-commercial-code/me-rev-st-tit-11-sect-9-1342/
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