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Section 9-402 - Secured Party Not Obligated on Contract of Debtor or in Tort — Maryland Law | CourtGPT
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  7. Section 9-402 - Secured Party Not Obligated on Contract of Debtor or in Tort
Maryland Legal Code

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

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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.