13 Pa. C.S. § 9402

Current through Pa Acts 2024-53, 2024-56 through 2024-92

Section 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 in contract or tort for the debtor's acts or omissions.

13 Pa.C.S. § 9402

2001, June 8, P.L. 123, No. 18, § 16, effective 7/1/2001.