{"data":{"id":"us-tx/tex.-business-commerce-code-9.402","jurisdiction":"us-tx","citation":"Tex. Business \u0026 Commerce Code § 9.402","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.\nAmended by Acts 1999, 76th Leg., ch. 414, Sec. 1.01, eff. July 1, 2001.","path":["BUSINESS AND COMMERCE CODE","TITLE 1. UNIFORM COMMERCIAL CODE","CHAPTER 9. SECURED TRANSACTIONS","SUBCHAPTER D. RIGHTS OF THIRD PARTIES"],"source_url":"https://statutes.capitol.texas.gov/Docs/BC/htm/BC.9.htm#9.402","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:46:56Z","sha256":"cd4ab9eb5a438227dc9e04acf1cbf276ed28b7b9edba33e60aabdeeeb2b15e38","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-business-commerce-code-9.401","next":"us-tx/tex.-business-commerce-code-9.403"},"notice":"GroundRules: Original legal text. Not legal advice."}