N.Y. UCC Law § 9-402
This is the official text of N.Y. UCC Law § 9-402, part of New York’s UCC Law — part of the compiled statutory law of New York, published by the state as "UCC Law." Browse the sections below, each linked to its official government source.
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Secured Party Not Obligated on Contract of Debtor or in Tort
Official statutory text
Section 9--402. Secured Party Not Obligated on Contract of Debtor or in\n Tort.\n The existence of a security interest, agricultural lien, or authority\ngiven to a debtor to dispose of or use collateral, without more, does\nnot subject a secured party to liability in contract or tort for the\ndebtor's acts or omissions.\n
Status: in_force · Read it on the official government site
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