Wisconsin § 409.402 Secured party not obligated on contract of debtor or in tort.

Wisconsin Statutes

§ 409.402 — Secured party not obligated on contract of debtor or in tort.

Wisconsin § 409.402

Ch. 409Uniform commercial code — secured transactions

Subch.subch. IV of ch. 409 SUBCHAPTER IV

RIGHTS OF 3RD PARTIES

This text of Wisconsin § 409.402 (Secured party not obligated on contract of debtor or in tort.) is published on Counsel Stack Legal Research, covering Wisconsin primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Wis. Stat. § 409.402 (2026).

Text

409.402  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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