Secured party not obligated on contract of debtor or

12A O.S. § 1-9-402, under Title 12A — Uniform Commercial Code.

12A O.S. § 1-9-402

in tort. 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.