Section 336.9-605 — Unknown Debtor Or Secondary Obligor.

MN Stat § 336.9-605 (2019) (N/A)
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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