Current through the 2024 Regular Session
Section 75-9-605 - 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. Laws, 2001, ch. 495, § 1, eff. 1/1/2002.