Arizona Statutes
§ 47-9402 — 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.
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Arizona § 47-9402 (Secured party not obligated on contract of debtor or in tort) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Related
John Deere Co. v. First Interstate Bank of Arizona, N.A.
709 P.2d 890 (Court of Appeals of Arizona, 1985)
Wollenberg v. Phoenix Leasing Inc.
893 P.2d 4 (Court of Appeals of Arizona, 1994)
Nearby Sections
15
§ 47-10101
Provision for transition§ 47-1101
Short title§ 47-1102
Scope of chapter§ 47-1103
Construction to promote purposes and policies; applicability of supplemental principles of law§ 47-1104
Construction against implied repeal§ 47-1105
Severability§ 47-1106
Use of singular and plural; gender§ 47-1107
Section captions§ 47-1201
General definitions§ 47-1202
Notice; knowledge§ 47-1204
Value§ 47-1205
Reasonable time; "seasonably"§ 47-1206
Presumptions