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Searching 2025-2026 Session

The Vermont Statutes Online

The Statutes below include the actions of the 2024 session of the General Assembly.

The Vermont Statutes Online will be down for maintenance on Wednesday, October 22 while we load the actions of the 2025 General Assembly. 

NOTE
: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.

Title 9A : Uniform Commercial Code

Article 009 : Secured Transactions

(Cite as: 9A V.S.A. § 9-107B)
  • § 9—107B. No requirement to acknowledge or confirm; no duties

    (a) A person that has control under section 9—104, 9—105, or 9—105A of this title is not required to acknowledge that it has control on behalf of another person.

    (b) 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 2025, No. 17, § 9, eff. July 1, 2025.)