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N.D. Cent. Code § 41-09-07.2

(9-107B) No requirement to acknowledge or confirm - No duties

Known as the Uniform Commercial Code

The act spans §§ 41–41 (597 sections).

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.

Official source: North Dakota Legislative Branch. Reproduced from public-domain North Dakota statutes; confirm against the official source for the current text. Not legal advice.