{"data":{"id":"us-ia/iowa-code-554.9402","jurisdiction":"us-ia","citation":"Iowa Code § 554.9402","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 XIII - COMMERCE (Ch. 505 - 554I)","Chapter 554 - UNIFORM COMMERCIAL CODE","Article 9 - SECURED TRANSACTIONS","Part 4 - RIGHTS OF THIRD PARTIES"],"source_url":"https://www.legis.iowa.gov/docs/code/2026/554.9402.pdf","current_through":"Iowa Code 2026 edition","vintage":"","retrieved_at":"2026-09-14T19:40:15Z","sha256":"56f015725b6b04e7b80b1b1b5dcba2d5d050f8f995569bf9894c60366abf72f8","source_id":"us-ia","stale":false,"prev":"us-ia/iowa-code-554.9401","next":"us-ia/iowa-code-554.9403"},"notice":"GroundRules: Original legal text. Not legal advice."}