New Jersey § 12A:9-605 Unknown debtor or secondary obligor.

New Jersey Statutes

§ 12A:9-605 — Unknown debtor or secondary obligor.

New Jersey § 12A:9-605

Title 12ACOMMERCIAL TRANSACTIONS

This text of New Jersey § 12A:9-605 (Unknown debtor or secondary obligor.) is published on Counsel Stack Legal Research, covering New Jersey primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.J. Stat. Ann. § 12A:9-605 (2026).

Text

12A:9-605. Unknown Debtor or Secondary Obligor. A secured party does not owe a duty based on its status as secured party:

(1)to a person who is a debtor or obligor, unless the secured party knows:

(A)that the person is a debtor or obligor;

(B)the identity of the person; and (C) how to communicate with the person; or (2) to a secured party or lienholder that has filed a financing statement against a person, unless the secured party knows:

(A)that the person is a debtor; and (B) the identity of the person. L.2001, c.117, s.1; amended 2001, c.386, s.95.

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12A:9-605. Unknown Debtor or Secondary Obligor. A secured party does not owe a duty based on its status as secured party: (1) to a person who is a debtor or obligor, unless the secured party knows: (A) that the person is a debtor or obligor; (B) the identity of the person; and (C) how to communicate with the person; or (2) to a secured party or lienholder that has filed a financing statement against a person, unless the secured party knows: (A) that the person is a debtor; and (B) the identity of the person. L.2001, c.117, s.1; amended 2001, c.386, s.95.