R.I. Gen. Laws § 6A-9-605

Current through 2024 Public Law 44

Section 6A-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:

(i) That the person is a debtor or obligor;

(ii) The identity of the person; and

(iii) 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:

(i) That the person is a debtor; and

(ii) The identity of the person.

R.I. Gen. Laws § 6A-9-605

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