State Codes and Statutes

Statutes > Ohio > Title13 > Chapter1309 > 1309_402

1309.402 Secured party not obligated on contract of debtor or in tort - UCC 9-402.

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.

Effective Date: 07-01-2001

State Codes and Statutes

Statutes > Ohio > Title13 > Chapter1309 > 1309_402

1309.402 Secured party not obligated on contract of debtor or in tort - UCC 9-402.

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.

Effective Date: 07-01-2001


State Codes and Statutes

State Codes and Statutes

Statutes > Ohio > Title13 > Chapter1309 > 1309_402

1309.402 Secured party not obligated on contract of debtor or in tort - UCC 9-402.

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.

Effective Date: 07-01-2001