Unannotated Code of Maryland (Last Updated: May 16, 2014) |
COMMERCIAL LAW |
TITLE 9. SECURED TRANSACTIONS |
SUBTITLE 3. PERFECTION AND PRIORITY |
§ 9-342. Bank's right to refuse to enter into or disclose existence of control agreement
Latest version.
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This title does not require a bank to enter into an agreement of the kind described in § 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.