D.C. Code § 28:9-402

Current through codified legislation effective April 10, 2024

Section 28:9-402 - 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.

D.C. Code § 28:9-402

Oct. 26, 2000, D.C. Law 13-201, § 101, 47 DCR 7576.