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2011 Vermont Code
Title 09A Uniform Commercial Code
Article 9 Secured Transactions
§ 605 Unknown debtor or secondary obligor

Universal Citation:
9A VT Stats § 9-605. (2011 through Adj Sess)
Learn more This media-neutral citation is based on the American Association of Law Libraries Universal Citation Guide and is not necessarily the official citation.

§ 9-605. Unknown debtor or secondary obligor

A secured party does not owe a duty based on its status as secured party:

(1) to a person that is a debtor or obligor, unless the secured party knows:

(A) that the person is a debtor or obligor;

(B) the identity of the person; and

(C) how to communicate with the person; or

(2) to a secured party or lienholder that has filed a financing statement against a person, unless the secured party knows:

(A) that the person is a debtor; and

(B) the identity of the person. (Added 1999, No. 106 (Adj. Sess.), § 2, eff. July 1, 2001.)

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