{"data":{"id":"us-wi/wis.-stat.-409.402","jurisdiction":"us-wi","citation":"Wis. Stat. § 409.402","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":["Chs. 401-411, Uniform Commercial Code","Chapter 409 Uniform Commercial Code — Secured Transactions","SUBCHAPTER IV RIGHTS OF 3RD PARTIES"],"source_url":"https://docs.legis.wisconsin.gov/document/statutes/409.402","current_through":"2023-24 Wisconsin Statutes updated through 2025 Wis. Act 247 (published 9-4-26)","vintage":"","retrieved_at":"2026-09-05T12:01:22Z","sha256":"56f015725b6b04e7b80b1b1b5dcba2d5d050f8f995569bf9894c60366abf72f8","source_id":"us-wi","stale":false,"prev":"us-wi/wis.-stat.-409.401","next":"us-wi/wis.-stat.-409.403"},"notice":"GroundRules: Original legal text. Not legal advice."}