Pennsylvania Code § 13-9402

Secured party not obligated on contract of debtor or in tort.
Open in Lexace · Ask the AI about this section
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.

‹ Prev All Pennsylvania sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.