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Office of the Revisor of Statutes


     336.9-317 Secured party not obligated on contract of 
  debtor.  


    The mere existence of a security interest or authority 
 given to the debtor to dispose of or use collateral does not 
 impose contract or tort liability upon the secured party for the 
 debtor's acts or omissions.  


    HIST: 1965 c 811 s 336.9-317

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Revisor of Statutes