This chapter does not require a bank to enter into an agreement of the kind described in division (A)(2) of section 1309.104 of the Revised Code, even if its customer so requests or directs. A bank that has entered into an agreement of the kind described in division (A)(2) of that section is not required to confirm the existence of the agreement to another person unless requested to do so by its customer.
Ohio Rev. Code Ann. § 1309.342
Bank's right to refuse to enter into or disclose existence of control agreement - UCC 9-342
Known as the Uniform Commercial Code
The act spans §§ 1309–1309 (136 sections).
Effective: July 1, 2001; Latest Legislation: Senate Bill 74 - 124th General Assembly
Official source: Ohio Laws & Administrative Rules (Legislative Service Commission). Reproduced from public-domain Ohio statutes; confirm against the official source for the current text. Not legal advice.