SDCL § 57A-9-402: Secured party's liability for debtor's acts or omissions.
Where this section sits in the code
- TITLE 57A. UNIFORM COMMERCIAL CODE
- CHAPTER 57A-9. 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.
Source: SL 2000, ch 231.
Collected 2026-09-03T15:18:57Z. Source file · JSON