ORS 79A.4020: UCC 9-402. Secured party not obligated on contract of debtor or in tort.
Where this section sits in the code
- 02 - Business Organizations, Commercial Code
- 8. Commercial Transactions
- 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