Section 355.9-NEW - [Newly enacted section not yet numbered] [Effective 1/1/2025]

Current through Acts Received April 24, 2024
Section 355.9-NEW - [Newly enacted section not yet numbered] [Effective 1/1/2025]
(1) A person that has control under Section 45, 46, or 47 of this Act 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 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.
Added by 2024 Ky. Acts ch. TBD,§ 49, eff. 1/1/2025.