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Illinois · Through at least Public Act 104-790

810 ILCS 5/9-402: Secured party not obligated on contract of debtor or in tort.

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Where this section sits in the code
  1. CHAPTER 810 COMMERCIAL CODE
  2. Uniform Commercial Code.

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 2026-09-15T04:46:47Z. Source file · JSON

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