Idaho Code § 28-9-605

Current through Chapter 330 of the 2024 Regular Legislative Session

Section 28-9-605 - 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.

Idaho Code § 28-9-605

[28-9-605, added 2001, ch. 208, sec. 2, p. 782.]