State Codes and Statutes

Statutes > Virginia > Title-8-9a > Part-4 > 8-9a-402

§ 8.9A-402. Secured party not obligated on contract of debtor or in tort.

The existence of a security interest, agricultural lien, or authority givento a debtor to dispose of or use collateral, without more, does not subject asecured party to liability in contract or tort for the debtor's acts oromissions.

(1964, c. 219, § 8.9-317; 2000, c. 1007.)

State Codes and Statutes

Statutes > Virginia > Title-8-9a > Part-4 > 8-9a-402

§ 8.9A-402. Secured party not obligated on contract of debtor or in tort.

The existence of a security interest, agricultural lien, or authority givento a debtor to dispose of or use collateral, without more, does not subject asecured party to liability in contract or tort for the debtor's acts oromissions.

(1964, c. 219, § 8.9-317; 2000, c. 1007.)


State Codes and Statutes

State Codes and Statutes

Statutes > Virginia > Title-8-9a > Part-4 > 8-9a-402

§ 8.9A-402. Secured party not obligated on contract of debtor or in tort.

The existence of a security interest, agricultural lien, or authority givento a debtor to dispose of or use collateral, without more, does not subject asecured party to liability in contract or tort for the debtor's acts oromissions.

(1964, c. 219, § 8.9-317; 2000, c. 1007.)