§ 62A.9A-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.
[2000 c 250 § 9A-402.]
Sections: Previous 62A.9A-337 62A.9A-338 62A.9A-339 62A.9A-340 62A.9A-341 62A.9A-342 62A.9A-401 62A.9A-402 62A.9A-403 62A.9A-404 62A.9A-405 62A.9A-406 62A.9A-407 62A.9A-408 62A.9A-409 NextLast modified: April 7, 2009