(a) No requirement to acknowledge. A person that has control under § 6A-9-104, § 6A-9-105, or § 6A-9-105.1 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 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. History of Section.P.L. 2024, ch. 65, § 10, effective June 10, 2024; P.L. 2024, ch. 66, § 10, effective June 10, 2024.
Rhode Island Legal Code