Section 34.1-9-402 - Secured Party Not Obligated on Contract of Debtor or in Tort.

WY Stat § 34.1-9-402 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

34.1-9-402. Secured party not obligated on contract of debtor or in 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.