(9-402) Secured party not obligated on contract of debtor or in tort

N.D. Cent. Code § 41-09-64
in effect
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41-09-64. (9-402) Secured party not obligated on contract of debtor or in tort 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.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t41c09.pdf#nameddest=41-09-64Fetched: 10/16/2026

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