Oklahoma Statutes (Last Updated: September 18, 2014)

§ 12A-1-9-402. Secured party not obligated on contract of debtor or in tort.

Latest version.

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.

Added by Laws 2000, c. 371, § 71, eff. July 1, 2001.

                    
                        var val = document.getElementById('citecontent').innerHTML;
                        art.dialog.defaults.title = window.location.href;
                        art.dialog.data('cite', val);
                        art.dialog.data('homeDemoPath', '/Scripts/plus/artDialog/');
                        art.dialog.open('/Scripts/plus/artDialog/citeiframe.html');