Del. Code tit. 6 § 9-402

Current through 2024 Legislative Session Act Chapter 531

Section 9-402 - 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, tort or otherwise for the debtor's acts or omissions.

6 Del. C. § 9-402

72 Del. Laws, c. 401, § 1.;