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.History.—s. 4, ch. 2001-198.
Secured party not obligated on contract of debtor or in tort
Fla. Stat. § 679.4021, under Uniform Commercial Code: Secured Transactions.
Fla. Stat. § 679.4021