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  • SECTION 9-107A
    Control of Controllable Electronic Record, Controllable Account, or Controllable Payment Intangible
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  • SUBPART 1
    Short Title, Definitions, and General Concepts
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  • SECTION 9-108
    Sufficiency of Description
    • This entry was published on 2025-12-12
    NOTE: The selection dates indicate all change milestones for the entire volume, not just the location being viewed. Specifying a milestone date will retrieve the most recent version of the location before that date.

    SECTION 9-107B

    No Requirement to Acknowledge or Confirm; No Duties

    Uniform Commercial Code (UCC) CHAPTER 38, ARTICLE 9, PART 1, SUBPART 1

    * Section 9--107B. No Requirement to Acknowledge or Confirm; No Duties.

    (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.

    * NB Effective June 3, 2026