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ArkansasStatutes

Unknown debtor or secondary obligor. [Effective until September 1, 2026.]

Ark. Code Ann. § 4-9-605 — under — Default.

Ark. Code Ann. § 4-9-605

(1) A secured party does not owe a duty based on its status as secured party:(1) to a person that is a debtor or obligor, unless the secured party knows:(A) that the person is a debtor or obligor;(B) the identity of the person; and(C) how to communicate with the person; or(2) to a secured party or lienholder that has filed a financing statement against a person, unless the secured party knows:(A) that the person is a debtor; and(B) the identity of the person.

(1) to a person that is a debtor or obligor, unless the secured party knows:(A) that the person is a debtor or obligor;(B) the identity of the person; and(C) how to communicate with the person; or

(A) that the person is a debtor or obligor;

(B) the identity of the person; and

(C) how to communicate with the person; or

(2) to a secured party or lienholder that has filed a financing statement against a person, unless the secured party knows:(A) that the person is a debtor; and(B) the identity of the person.

(A) that the person is a debtor; and

(B) the identity of the person.