There is a newer version of the Minnesota Statutes
1999 Minnesota Code
Chapters 324 - 338 Trade Regulations, Consumer Protection
Chapter 336 Uniform Commercial Code
Section 336.9-317 Secured party not obligated on contract of debtor.
336.9-317 Secured party not obligated on contract of debtor.
The mere existence of a security interest or authority given to the debtor to dispose of or use collateral does not impose contract or tort liability upon the secured party for the debtor's acts or omissions.
HIST: 1965 c 811 s 336.9-317
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