Sec. 9-342. Bank's right to refuse to enter into or disclose existence of control agreement.
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/il/chapter-810/act-5/9-342A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 9-342. Bank's right to refuse to enter into or disclose existence of control agreement. This Article does not require a bank to enter into an agreement of the kind described in Section 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.