Ariz. Rev. Stat. § 47-9402

Current through L. 2024, ch. 202

Section 47-9402 - 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.

A.R.S. § 47-9402