§ 8.9A-605. Unknown debtor or secondary obligor
A secured party does not owe a duty based on its status as secured party:
(1) to a person that is a debtor or obligor, unless the secured party knows:
(A) that the person is a debtor or obligor;
(B) the identity of the person; and
(C) how to communicate with the person; or
(2) to a secured party or lienholder that has filed a financing statement against a person, unless the secured party knows:
(A) that the person is a debtor; and
(B) the identity of the person.
(2000, c. 1007.)
Sections: Previous 8.9A-601 8.9A-602 8.9A-603 8.9A-604 8.9A-605 8.9A-606 8.9A-607 8.9A-608 8.9A-609 8.9A-610 8.9A-611 8.9A-612 8.9A-613 8.9A-614 8.9A-615 NextLast modified: April 3, 2009