Georgia Statutes

§ 11-9-402 — Secured party not obligated on contract of debtor or in tort

Georgia § 11-9-402

This text of Georgia § 11-9-402 (Secured party not obligated on contract of debtor or in tort) is published on Counsel Stack Legal Research, covering Georgia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
O.C.G.A. § 11-9-402 (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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Western Auto Supply Co. v. McKenzie
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Bartolan, Inc. v. Columbian Peanut Co., Inc.
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State v. Mozley
318 S.E.2d 647 (Court of Appeals of Georgia, 1984)
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Willson v. Habersham Bank
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In Re Simpson Motor Co.
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Legislative History

Added by 2001 Ga. Laws 191, § 1, eff. 7/1/2001.

Nearby Sections

15
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Bluebook (online)
Georgia § 11-9-402, Counsel Stack Legal Research, https://law.counselstack.com/statute/ga/11-9-402.