Montana Statutes
§ 30-9A-402 — Secured Party Not Obligated On Contract Of Debtor
Montana § 30-9A-402
JurisdictionMontana
Title 30TRADE AND COMMERCE
Ch. 9AUNIFORM COMMERCIAL CODE SECURED TRANSACTIONS
Part 4Rights of Third Parties
This text of Montana § 30-9A-402 (Secured Party Not Obligated On Contract Of Debtor) is published on Counsel Stack Legal Research, covering Montana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Mont. Code Ann. § 30-9A-402 (2026).
Text
30-9A-402 . Secured party not obligated on contract of debtor. The existence of a security interest, agricultural lien, or authority given to a debtor to dispose of or use collateral, without more, does not impose upon a secured party liability in contract or tort for the debtor's acts or omissions.
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Legislative History
En. Sec. 63, Ch. 305, L. 1999; Sec. 30-9-442 , MCA 1999; redes. 30-9A-402 by Code Commissioner, 2001.
Nearby Sections
15
§ 30-9A-101
Short Title§ 30-9A-102
Definitions And Index Of Definitions§ 30-9A-104
Control Of Deposit Account§ 30-9A-106
Control Of Investment Property§ 30-9A-107
Control Of Letter-Of-Credit Right§ 30-9A-107A
Control Of Controllable Electronic Record, Controllable Account, Or Controllable Payment Intangible§ 30-9A-108
Sufficiency Of Description§ 30-9A-109
Scope§ 30-9A-201
General Effectiveness Of Security Agreement§ 30-9A-202
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Bluebook (online)
Montana § 30-9A-402, Counsel Stack Legal Research, https://law.counselstack.com/statute/mt/9A/30-9A-402.