Secured Party Not Obligated on Contract of Debtor or in Tort

N.Y. Uniform Commercial Code Law § 9-402, under Rights of Third Parties.

N.Y. Uniform Commercial Code Law § 9-402

Section 9--402. Secured Party Not Obligated on Contract of Debtor or in\n Tort.\n The existence of a security interest, agricultural lien, or authority\ngiven to a debtor to dispose of or use collateral, without more, does\nnot subject a secured party to liability in contract or tort for the\ndebtor's acts or omissions.\n