Sec. 45.29.605. Unknown debtor or secondary obligor.
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Sec. 45.29.605. Unknown debtor or secondary obligor.
A secured party does not owe a duty based on its status as secured party to
(1)a person who is a debtor or obligor unless the secured party knows
(A)that the person is a debtor or obligor;
(B)the identity of the person; and
(C)how to communicate with the person; or
(2)a secured party or lienholder that has filed a financing statement against a person unless the secured party knows
(A)that the person is a debtor; and
(B)the identity of the person.