Mass. Gen. Laws ch. 106 § 9-605

Current through Chapter 89 of the 2024 Legislative Session

Section 106:9-605 - Unknown debtor or secondary obligor

A secured party does not owe a duty based on its status as secured party:

(1) to a person that 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) to 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.

Mass. Gen. Laws ch. 106, § 9-605

Amended by Acts 2001, c. 26, § 39, eff. 7/1/2001.