{"data":{"id":"us-ak/as-45.29.402","jurisdiction":"us-ak","citation":"AS 45.29.402","heading":"Secured party not obligated on contract of debtor or in tort.","body":"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.","path":["Title 45. Trade and Commerce.","Chapter 29. Secured Transactions.","Article 4. Rights of Third Parties."],"source_url":"https://www.akleg.gov/basis/statutes.asp#45.29.402","current_through":"Alaska Statutes 2025 (34th Legislature, 2025-2026)","vintage":"","retrieved_at":"2026-09-02T06:19:44Z","sha256":"1e8bee6fb2640b749fa973fab3d0cf30c1a0ea399510b6077500796f755d5092","source_id":"us-ak","stale":false,"prev":"us-ak/as-45.29.401","next":"us-ak/as-45.29.403"},"notice":"GroundRules: Original legal text. Not legal advice."}