Arkansas Statutes
§ 4-9-402 — Secured party not obligated on contract of debtor or in tort
Arkansas § 4-9-402
JurisdictionArkansas
Title4
This text of Arkansas § 4-9-402 (Secured party not obligated on contract of debtor or in tort) is published on Counsel Stack Legal Research, covering Arkansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Ark. Code Ann. § 4-9-402 (2026).
Text
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.
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Related
Bank of Yellville v. Scott (In Re Scott)
113 B.R. 516 (W.D. Arkansas, 1990)
Farm Credit Midsouth, PCA v. Reece Contracting, Inc.
196 S.W.3d 488 (Supreme Court of Arkansas, 2004)
Heckathorn Construction Co. v. Bass Mechanical Contractors, Inc. (In Re Bass Mechanical Contractors, Inc.)
84 B.R. 1009 (W.D. Arkansas, 1988)
Meeks v. First Bank of South Arkansas (In Re Tracy's Flowers & Gifts, Inc.)
264 B.R. 1 (E.D. Arkansas, 2001)
Womack v. Newman Fixture Co.
766 S.W.2d 949 (Court of Appeals of Arkansas, 1989)
River Valley Bank of Russellville v. Ace Sports Management, LLC (In Re Ace Sports Management, LLC)
271 B.R. 134 (E.D. Arkansas, 2001)
Newsom v. Rabo Agrifinance, Inc.
427 S.W.3d 688 (Court of Appeals of Arkansas, 2013)
Faulkner v. Contractor's Glass Co. (In Re Contractor's Glass Co.)
152 B.R. 270 (W.D. Arkansas, 1992)
Scott Truck & Tractor Co. of Louisiana v. Alma Tractor & Equipment, Inc.
35 S.W.3d 815 (Court of Appeals of Arkansas, 2000)
Schieffler v. First National Bank of Wynne (In Re Peeler)
145 B.R. 973 (E.D. Arkansas, 1992)
Opinion No.
(Arkansas Attorney General Reports, 1993)
Legislative History
Acts 2001, No. 1439, § 1.
Nearby Sections
15
§ 4-1-101
Short titles§ 4-1-102
Scope of subtitle§ 4-1-104
Construction against implicit repeal§ 4-1-105
Severability§ 4-1-106
Use of singular and plural - Gender§ 4-1-107
Section captions§ 4-1-201
General definitions§ 4-1-202
Notice - Knowledge§ 4-1-204
Value§ 4-1-205
Reasonable time - Seasonableness§ 4-1-206
PresumptionsCite This Page — Counsel Stack
Bluebook (online)
Arkansas § 4-9-402, Counsel Stack Legal Research, https://law.counselstack.com/statute/ar/4-9-402.