California Statutes

§ 9402. — 9402. (Repealed and added by Stats. 1999, Ch. 991, Sec. 35.)

California § 9402.
JurisdictionCalifornia
Code COMCommercial Code - COM
Div. 9.DIVISION 9. SECURED TRANSACTIONS
Ch. 4.CHAPTER 4. Rights of Third Parties

This text of California § 9402. (9402. (Repealed and added by Stats. 1999, Ch. 991, Sec. 35.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Cal. Commercial Code - COM Code § 9402. (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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Legislative History

Repealed and added by Stats. 1999, Ch. 991, Sec. 35. Effective January 1, 2000. Operative July 1, 2001, by Sec. 75 of Ch. 991 and Section 9701.
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California § 9402., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/COM/9402..