554.9402 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 incontract or tort for the debtor’s acts or omissions. 2000 Acts, ch 1149, §64, 185, 187 Sat Dec 23 11:02:04 2023 Iowa Code 2024, Section 554.9402 (25, 0)
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