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

13 Pa.C.S. § 9342, under Perfection and Priority.

13 Pa.C.S. § 9342

This division does not require a bank to enter into an agreement of the kind described in section 9104(a)(2) (relating to requirements for control) even if its customer so requests or directs. A bank which 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.