Hawaii Revised Statutes 490:9-402 Secured Party Not Obligated on Contract of Debtor or in Tort.

§490:9-402 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. [L 2000, c 241, pt of §1]

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Last modified: October 27, 2016