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Section 4-9-605 - Unknown debtor or secondary obligor — Arkansas Law | CourtGPT
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  2. Laws/
  3. Arkansas/
  4. Title 4 - Business and Commercial Law (§§ 4-1-101 — 4-119-105)/
  5. Subtitle 1 - Uniform Commercial Code/
  6. Chapter 9 - Secured Transactions/
  7. Part 6 - Default 1 - Default and Enforcement of Security Interest (§§ 4-9-601 — 4-9-624)/
  8. 1 - 101 — 4-119-105)/
  9. Section 4-9-605 - Unknown debtor or secondary obligor
Arkansas Legal Code

Section 4-9-605 - Unknown debtor or secondary obligor

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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.Acts 2001, No. 1439, § 1.