State Codes and Statutes
Statutes > Minnesota > 324-338 > 336 > 336_9-605336.9-605 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.
History:
2000 c 399 art 1 s 106
