Mich. Comp. Laws § 440.9342

Bank's right to refuse to enter into or disclose existence of control agreement.

Michigan · Michigan Compiled Laws — UNIFORM COMMERCIAL CODE (Act 174 of 1962) · Status: effective

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Citation: Mich. Comp. Laws § 440.9342, Bank's right to refuse to enter into or disclose existence of control agreement, Michigan, version 1 as recorded 2026-08-18, yourstate.us, https://yourstate.us/provision/1362262
Permanent ID: ys:prov:1362262@1
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This article does not require a bank to enter into an agreement of the kind described in section 9104(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.