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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>378423</law_id><section_number>8.9A-342</section_number><catch_line>Bank&amp;#8217;s right to refuse to enter into or disclose existence of control agreement</catch_line><edition url="https://vacode.org/2026/" slug="2026" current="TRUE" last_updated="2026-08-02">2026</edition><structure><unit label="title" level="1" order_by="30" identifier="8.9A">Commercial Code &#x2014; Secured Transactions</unit><unit label="part" level="2" order_by="3" identifier="3">Perfection and Priority</unit><unit label="subpart" level="3" order_by="4" identifier="4">Rights of Bank</unit></structure><text>
						<section><p>This title does not require a bank to enter into an agreement of the kind described in &#xA7;&#xA0;<a class="law" title="Control of deposit account" href="/8.9A-104/">8.9A-104</a> (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.</p></section></text><history>2000, c. 1007.</history><metadata></metadata></law>
