2006 New York Code - Unknown Debtor Or Secondary Obligor



 
  Section 9--605. Unknown Debtor or Secondary Obligor.
    A  secured  party  does  not owe a duty based on its status as secured
  party:
    (a) to a person that is a debtor or obligor, unless the secured  party
  knows:
         (1) that the person is a debtor or obligor;
         (2) the identity of the person; and
         (3) how to communicate with the person; or
    (b) to  a  secured  party  or  lienholder  that  has filed a financing
  statement against a person, unless the secured party knows:
         (1) that the person is a debtor; and
         (2) the identity of the person.

Disclaimer: These codes may not be the most recent version. New York may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.