{"data":{"id":"us-vt/9a-v.s.a.-9-605","jurisdiction":"us-vt","citation":"9A V.S.A. § 9—605","heading":"Unknown debtor or secondary obligor","body":"(a) Except as provided in subsection (b) of this section, a secured party does not owe a duty based on its status as secured party:\n(1) to a person that is a debtor or obligor, unless the secured party knows:\n(A) that the person is a debtor or obligor;\n(B) the identity of the person; and\n(C) how to communicate with the person; or\n(2) to a secured party or lienholder that has filed a financing statement against a person, unless the secured party knows:\n(A) that the person is a debtor; and\n(B) the identity of the person.\n(b) A secured party owes a duty based on its status as a secured party to a person if, at the time the secured party obtains control of collateral that is a controllable account, controllable electronic record, or controllable payment intangible or at the time the security interest attaches to the collateral, whichever is later:\n(1) the person is a debtor or obligor; and\n(2) the secured party knows that the information in subdivision (a)(1)(A), (B), or (C) of this section relating to the person is not provided by the collateral, a record attached to or logically associated with the collateral, or the system in which the collateral is recorded.","path":["Title 9A: Uniform Commercial Code","Article 009: Secured Transactions"],"source_url":"https://legislature.vermont.gov/statutes/fullchapter/09A/009","current_through":"2025 session","vintage":"","retrieved_at":"2026-09-05T14:57:21Z","sha256":"24ccf64991afeeb5e7ddedc1db1094ac9af4353f576be01a8aa359ecc38a94ea","source_id":"us-vt","stale":false,"prev":"us-vt/9a-v.s.a.-9-604","next":"us-vt/9a-v.s.a.-9-606"},"notice":"GroundRules: Original legal text. Not legal advice."}
