There is a newer version
of
this Section
2017 Pennsylvania Consolidated Statutes
Title 13 - COMMERCIAL CODE
Chapter 96 - Default
Section 9605 - Unknown debtor or secondary obligor
Universal Citation: 13 PA Cons Stat § 9605 (2017)
§ 9605. Unknown debtor or secondary obligor. A secured party does not owe a duty based on its status as secured party to any of the following:
(1) A person that is a debtor or obligor unless the secured party knows:
(i) that the person is a debtor or obligor;
(ii) the identity of the person; and
(iii) how to communicate with the person.
(2) A secured party or lienholder that has filed a financing statement against a person unless the secured party knows:
(i) that the person is a debtor; and
(ii) the identity of the person.
Cross References. Section 9605 is referred to in section 9601 of this title.
Disclaimer: These codes may not be the most recent version. Pennsylvania 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.