New York Uniform Commercial Code Code § 9-402

Secured Party Not Obligated on Contract of Debtor or in Tort
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Section 9--402. Secured Party Not Obligated on Contract of Debtor or in\n                  Tort.\n  The existence of a security interest, agricultural lien, or authority\ngiven to a debtor to dispose of or use collateral, without more, does\nnot subject a secured party to liability in contract or tort for the\ndebtor's acts or omissions.\n

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