P.R. Laws tit. 19, § 2365

2019-02-20 00:00:00+00
§ 2365. Unkown 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.

History —Sept. 19, 1996, No. 241, added as § 9-605 on Jan. 17, 2012, No. 21, § 11, eff. 1 year after Jan. 17, 2012.