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Oregon · Through 2025 Edition

ORS 79A.4020: UCC 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. 02 - Business Organizations, Commercial Code
  2. 8. Commercial Transactions
  3. Chapter 79A — 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 2026-09-03T23:50:11Z. Source file · JSON

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