Del. Code tit. 6, § 9-107B

No requirement to acknowledge or confirm; no duties

Known as the Uniform Commercial Code

The act spans §§ 6–6 (106 sections).

84 Del

(a) No requirement to acknowledge. —

A person that has control under Section 9-104, 9-105, or 9-105A is not required to acknowledge that it has control on behalf of another person.

(b) No duties or confirmation. —

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 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.

Official source: Delaware Code Online. Reproduced from public-domain Delaware statutes; confirm against the official source for the current text. Not legal advice.