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2017 Wisconsin Statutes & Annotations
Chapter 409. Uniform commercial code — secured transactions.
409.342 Bank's right to refuse to enter into or disclose existence of control agreement.
Universal Citation: WI Stat § 409.342 (2017)
409.342 Bank's right to refuse to enter into or disclose existence of control agreement. 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.
History: 2001 a. 10.
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