State Codes and Statutes

Statutes > North-carolina > Chapter_25 > GS_25-9-605

§25‑9‑605.  Unknown debtor or secondary obligor.

A secured party does not owe aduty based on its status as secured party:

(1)        To a person that isa debtor or obligor, unless the secured party knows:

a.         That the person is adebtor or obligor;

b.         The identity of theperson; and

c.         How to communicatewith the person; or

(2)        To a secured partyor lienholder that has filed a financing statement against a person, unless thesecured party knows:

a.         That the person is adebtor; and

b.         The identity of theperson. (2000‑169, s. 1.)

State Codes and Statutes

Statutes > North-carolina > Chapter_25 > GS_25-9-605

§25‑9‑605.  Unknown debtor or secondary obligor.

A secured party does not owe aduty based on its status as secured party:

(1)        To a person that isa debtor or obligor, unless the secured party knows:

a.         That the person is adebtor or obligor;

b.         The identity of theperson; and

c.         How to communicatewith the person; or

(2)        To a secured partyor lienholder that has filed a financing statement against a person, unless thesecured party knows:

a.         That the person is adebtor; and

b.         The identity of theperson. (2000‑169, s. 1.)


State Codes and Statutes

State Codes and Statutes

Statutes > North-carolina > Chapter_25 > GS_25-9-605

§25‑9‑605.  Unknown debtor or secondary obligor.

A secured party does not owe aduty based on its status as secured party:

(1)        To a person that isa debtor or obligor, unless the secured party knows:

a.         That the person is adebtor or obligor;

b.         The identity of theperson; and

c.         How to communicatewith the person; or

(2)        To a secured partyor lienholder that has filed a financing statement against a person, unless thesecured party knows:

a.         That the person is adebtor; and

b.         The identity of theperson. (2000‑169, s. 1.)