N.Y. Uniform Commercial Code Law § 9-402: Secured Party Not Obligated on Contract of Debtor or in Tort

Section 9--402. Secured Party Not Obligated on Contract of Debtor or in

Tort.

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.