Montana Statutes
§ 30-9A-402 — Secured Party Not Obligated On Contract Of Debtor
Montana·Title 30 TRADE AND COMMERCE·Ch. 9A UNIFORM COMMERCIAL CODE SECURED TRANSACTIONS·Part 4 Rights of Third Parties
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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Montana § 30-9A-402 (Secured Party Not Obligated On Contract Of Debtor) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
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
Title To Collateral Immaterial