C.R.S. § 4-9-402: Secured party not obligated on contract of debtor or in tort.
Where this section sits in the code
- Title 4 - UNIFORM COMMERCIAL CODE
- Article 9 - 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 2026-09-14T18:37:45Z. Source file · JSON