C.R.S. § 4-9-402

4-9-402. Secured party not obligated on contract of debtor or in tort

Year: 2026Length: 52 wordsOfficial source
4-9-402. 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.
C.R.S. § 4-9-402: 4-9-402. Secured party not obligated on contract of debtor or in tort | Justis AI