GroundRules
S.C. Code Ann. § 36-9-402: Secured party not obligated on contract of debtor or in tort.
Where this section sits in the code
- Title 36 - COMMERCIAL CODE
- CHAPTER 9 Commercial Code—Secured Transactions
- Part 4 Rights of Third Parties
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 2026-09-02T07:08:49Z. Source file · JSON