Nevada Statutes

§ 104.9402 — Secured party not obligated in contract of debtor or in tort

Nevada·Title 8 COMMERCIAL INSTRUMENTS AND TRANSACTIONS·Ch. 104 Uniform· Rights of Third Parties
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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Related

Bank of California v. LMJ, Inc. (In Re LMJ, Inc.)
159 B.R. 926 (D. Nevada, 1993)
5 case citations
In Re Ballard
100 B.R. 526 (D. Nevada, 1989)
1 case citations
In Re Neatex, Inc.
77 B.R. 808 (D. Nevada, 1987)
1 case citations

Legislative History

(Added to NRS by 1999, 323 )

Nearby Sections

15
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