Idaho Statutes

§ 28-9-402 — SECURED PARTY NOT OBLIGATED ON CONTRACT OF DEBTOR OR IN TORT

Idaho·Title 28 COMMERCIAL TRANSACTIONS·Part 4. RIGHTS OF THIRD PARTIES·Ch. 9 SECURED TRANSACTIONS
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

[28-9-402, added 2001, ch. 208, sec. 2, p. 756.]

Nearby Sections

15
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