Current through 2024 Session Acts Chapter 111 and 2024 Special Session Acts Chapter 4
Section 84-9-605 - Unknown debtor or secondary obligorA 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. L. 2000, ch. 142, § 103; 7/1/2001.