2001 Minnesota Statutes

  336.9-402 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. 

    HIST: 2000 c 399 art 1 s 64