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

Del. Code tit. 6, § 9-402
in effect
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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, tort or otherwise for the debtor’s acts or omissions.
Source: DE Code (Official Site)URL: https://delcode.delaware.gov/title6/c009/sc04/index.htmlFetched: 10/4/2026

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