North Dakota § 41-09-07.2 (9-107B) No requirement to acknowledge or confirm - No duties

North Dakota Statutes

§ 41-09-07.2 — (9-107B) No requirement to acknowledge or confirm - No duties

North Dakota § 41-09-07.2

Title 41Uniform Commercial Code

Ch. 41-09Secured Transactions

This text of North Dakota § 41-09-07.2 ((9-107B) No requirement to acknowledge or confirm - No duties) is published on Counsel Stack Legal Research, covering North Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.D. Cent. Code § 41-09-07.2 (2026).

Text

1.A person that has control under section 41-09-04, 41-09-05, or 41-09-05.1 is not required to acknowledge that it has control on behalf of another person.

2.If a person acknowledges that it has or will obtain control on behalf of another person, unless the person otherwise agrees or law other than this chapter otherwise provides, the person does not owe any duty to the other person and is not required to confirm the acknowledgment to any other person.

Free access — add to your briefcase to read the full text and ask questions with AI

1. A person that has control under section 41-09-04, 41-09-05, or 41-09-05.1 is not
required to acknowledge that it has control on behalf of another person.
2. If a person acknowledges that it has or will obtain control on behalf of another person,
unless the person otherwise agrees or law other than this chapter otherwise provides,
the person does not owe any duty to the other person and is not required to confirm
the acknowledgment to any other person.