Colorado Statutes
§ 4-9-402 — 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.
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Legislative History
Source: L. 2001: Entire article R&RE, p. 1371, � 1, effective July 1.
Nearby Sections
15
§ 4-1-101
Short titles§ 4-1-102
Scope of article§ 4-1-104
Construction against implied repeal§ 4-1-105
Severability§ 4-1-106
Use of singular and plural - gender§ 4-1-107
Captions§ 4-1-201
General definitions§ 4-1-202
Notice - knowledge§ 4-1-204
Value§ 4-1-205
Reasonable time - seasonableness§ 4-1-302
Variation by agreement§ 4-1-304
Obligation of good faith