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The 189th General Court of the Commonwealth of Massachusetts

Section 9-342: Bank's right to refuse to enter into or disclose existence of control agreement

[Text of section applicable as provided by 2013, 30, Sec. 116.]

Section 9-342. 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.