§ 6A-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 or tort for the debtor's acts or omissions.
(P.L. 2000, ch. 182, § 6; P.L. 2000, ch. 420, § 6.)