R.I. Gen. Laws § 6A-9-402

Current through 2024 Public Law 24

Section 6A-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.

P.L. 2000, ch. 182, § 6; P.L. 2000, ch. 420, § 6.