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§ 25-9-605 — North Carolina Law | CourtGPT
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North Carolina Legal Code

§ 25-9-605

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\nA secured party does not owe a duty based on its status as secured party:\n(1) To a person that is a debtor or obligor, unless the secured party knows:\na. That the person is a debtor or obligor;\nb. The identity of the person; and\nc. How to communicate with the person; or\n(2) To a secured party or lienholder that has filed a financing statement against a person, unless the secured party knows:\na. That the person is a debtor; and\nb. The identity of the person. (2000-169, s. 1.)