Wisconsin Statutes (Last Updated: January 10, 2017) |
Chapter 409. Uniform Commercial Code — Secured Transactions |
SubChapter III. PERFECTION AND PRIORITY |
Section 409.342. Bank's right to refuse to enter into or disclose existence of control agreement.
Latest version.
- 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.