Ala. Code § 7-9A-402: Secured Party Not Obligated on Contract of Debtor or in Tort.
Where this section sits in the code
- Title 7 Commercial Code.
- Article 9A Secured Transactions.
- Part 4 Rights of Third Parties.
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.
Collected 2026-09-03T14:01:52Z. Source file · JSON