Arkansas Code § 4-9-402 - Secured Party Not Obligated on Contract of Debtor or in Tort

The existence of a security interest, agricultural lien, or authority given to a debtor to dispose of or use collateral, without more, does not subject a secured party to liability in contract or tort for the debtor's acts or omissions.

Section: 4-9-402  4-9-403  4-9-404  4-9-405  4-9-406  4-9-407  4-9-408  4-9-409    Next

Last modified: November 15, 2016