{"data":{"id":"us-mi/mich.-comp.-laws-440.9402","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 440.9402","heading":"Secured party not obligated on contract of debtor or in tort.","body":"Sec. 9402.\n\nThe 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":["MI Code","Chapter 440","Act Act-174-of-1962"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-440-9402","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"ccba7a6436aafbc3a8a99e0d999417242384917d3057e3ab327ce4dc74053a0b","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-440.9401","next":"us-mi/mich.-comp.-laws-440.9403"},"notice":"GroundRules: Original legal text. Not legal advice."}