Georgia Code § 11-9-402 - 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: 11-9-401  11-9-402  11-9-403  11-9-404  11-9-405  11-9-406  11-9-407  11-9-408  11-9-409    Next

Last modified: October 14, 2016