                                 CODE OF VIRGINIA

NO REQUIREMENT TO ACKNOWLEDGE OR CONFIRM; NO DUTIES (§ 8.9A-107.2)

a. No requirement to acknowledge. A person that has control under 8.9A-104,
8.9A-105, or 8.9A-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 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.

HISTORY: 2024, c. 652.