N.D. Cent. Code § 41-09-64: (9-402) Secured party not obligated on contract of debtor or in tort
Where this section sits in the code
- Title 41 Uniform Commercial Code
- Chapter 41-09 Secured Transactions
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 2026-09-02T21:04:14Z. Source file · JSON