Ga. Code § 11-9-402

Current through 2023-2024 Legislative Session Chapters 1-597, 604, 609, 612, 696, 697

Section 11-9-402 - 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.

OCGA § 11-9-402

Added by 2001 Ga. Laws 191, § 1, eff. 7/1/2001.