State Codes and Statutes

Statutes > Maryland > Commercial-law > Title-9 > Subtitle-4 > 9-402

§ 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. 
 

[1999, ch. 282, § 2.] 
 

State Codes and Statutes

Statutes > Maryland > Commercial-law > Title-9 > Subtitle-4 > 9-402

§ 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. 
 

[1999, ch. 282, § 2.] 
 


State Codes and Statutes

State Codes and Statutes

Statutes > Maryland > Commercial-law > Title-9 > Subtitle-4 > 9-402

§ 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. 
 

[1999, ch. 282, § 2.]