9-402 - Secured Party Not Obligated on Contract of Debtor or in Tort
NY UCC § 9-402 (2019) (N/A)
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Tort.
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.