KRS 355.9-1072: No requirement to acknowledge or confirm -- No duties.

(1) A person that has control under KRS 355.9 -104, 355.9-105, or 355.9 -1051 is not

required to acknowledge that it has control on behalf of another person.

(2) If a person acknow ledges that it has or will obtain control on behalf of another

person, unless the person otherwise agrees or law other than this article 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.