Utah Code § 70A-9a-402

Current through the 2024 Fourth Special Session

Section 70A-9a-402 - Secured party not obligated on contract of debtor or in tort

The existence of a security interest, agricultural lien, or authority given to a debtor to dispose of or use collateral, without more, does not subject a secured party to liability in contract or tort for the debtor's acts or omissions.

Utah Code § 70A-9a-402

Enacted by Chapter 252, 2000 General Session.