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2018 Minnesota Statutes
Chapters 324 - 341 — TRADE REGULATIONS, CONSUMER PROTECTION
Chapter 336 — UNIFORM COMMERCIAL CODE
Section 336.9-402 — SECURED PARTY NOT OBLIGATED ON CONTRACT OF DEBTOR OR IN TORT.
Universal Citation: MN Stat § 336.9-402 (2018)
336.9-402 MS 1998 [Repealed, 2000 c 399 art 1 s 140] 336.9-402 SECURED PARTY NOT OBLIGATED ON CONTRACT OF DEBTOR OR IN TORT.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.
History: 2000 c 399 art 1 s 64
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