Plain Text Law

§ 9–402

Statutes in effect as of October 1, 2026.

Md. Code Ann., Com. Law § 9-402 (2026)
Title 9. Secured Transactions
Subtitle 4. Rights of Third Parties

§ 9–402Copy Citation

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.