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The 189th General Court of the Commonwealth of Massachusetts

Section 9-402: Secured Party Not Obligated On Contract Of Debtor Or In Tort

[Text of section applicable as provided by 2013, 30, Sec. 116.]

Section 9-402. 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.