There Is a Newer Version of the Pennsylvania Consolidated Statutes
2012 Pennsylvania Consolidated Statutes
Title 13 - COMMERCIAL CODE
Chapter 93 - Perfection and Priority
Section 9342 - Bank's right to refuse to enter into or disclose existence of control agreement
§ 9342. Bank's right to refuse to enter into or disclose
existence of control agreement.
This division does not require a bank to enter into an
agreement of the kind described in section 9104(a)(2) (relating
to requirements for control) even if its customer so requests or
directs. A bank which 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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