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2016 Statute



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84-9-605.Unknown debtor or secondary obligor. A secured party does not owe a duty based on its status as secured party: (1) To a person that is a debtor or obligor, unless the secured party knows:

(A) That the person is a debtor or obligor;

(B) the identity of the person; and

(C) how to communicate with the person; or

(2) to a secured party or lienholder that has filed a financing statement against a person, unless the secured party knows:

(A) That the person is a debtor; and

(B) the identity of the person.

History: L. 2000, ch. 142, § 103; July 1, 2001.



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2017. Powered by KLISS. Rendered: 2017-10-15T11:33:57. Head Rev No: 273681