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2017 Missouri Revised Statutes
Title XXVI TRADE AND COMMERCE
Chapter 400 Uniform Commercial Code
Section 400.9-402 Secured party not obligated on contract of debtor or in tort.
Universal Citation: MO Rev Stat § 400.9-402 (2017)
Effective 01 Jul 2001, see footnote
Title XXVI TRADE AND COMMERCE
Chapter 400400.9-402. 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.
(L. 1963 p. 503 § 9-402, A.L. 1965 p. 595, A.L. 1988 S.B. 583, A.L. 1995 S.B. 215, A.L. 1997 S.B. 6, A.L. 2001 S.B. 288)
Effective 7-01-01
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