GroundRules
← Search the law
North Dakota · Through 2026-07-31T11:12:02 · Newer source version available

N.D. Cent. Code § 41-09-07.2: (9-107B) No requirement to acknowledge or confirm - No duties

Read at publisher ↗
Where this section sits in the code
  1. Title 41 Uniform Commercial Code
  2. Chapter 41-09 Secured Transactions

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.

Collected 2026-09-02T21:04:14Z. Source file · JSON

Browse this collection