La. Stat. tit. 10 § 9-605

Current with changes from the 2024 Legislative Session, Acts 3, and 6-86

Section 10:9-605 - 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.

La. R.S. § 10:9-605

Acts 2001, No. 128, §1, eff. 7/1/2001.