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Code · Pennsylvania · Title 13 — COMMERCIAL CODE · Chapter 94

§ 9402. Secured party not obligated on contract of debtor or in tort.

54 words·~1 min read·/pa/title-13/chapter-94/9402

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§ 9402. Secured party not obligated on contract of debtor or in tort.
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.
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