13 Pa. C.S. § 9605

Current through P.A. Acts 2023-66
Section 9605 - Unknown debtor or secondary obligor

A secured party does not owe a duty based on its status as secured party to any of the following:

(1) 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.
(2) 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.

13 Pa.C.S. § 9605

2001, June 8, P.L. 123, No. 18, § 16, effective 7/1/2001.