Unknown debtor or secondary obligor

HRS §490:9-605 — under Chapter 490.

HRS §490:9-605

§490:9-605 Unknown debtor or secondary obligor. (a) Except as provided in subsection (b), a secured party shall not owe a duty based on its status as secured party:

(b) A secured party shall be deemed to owe a duty based on its status as a secured party to a person if, at the time the secured party obtains control of collateral that is a controllable account, controllable electronic record, or controllable payment intangible or at the time the security interest attaches to the collateral, whichever is later: