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Can you summarize MNST 336.9-342?
UNIFORM COMMERCIAL CODE > BANK'S RIGHT TO REFUSE TO ENTER INTO OR DISCLOSE EXISTENCE OF CONTROL AGREEMENT.
Short Summary
This article does not require a bank to enter into an agreement of the kind described in section 336.9-104 (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. History: 2000 c 399 art 1 s 62
Jurisdiction
Minnesota