Conn. Gen. Stat. § 42a-9-402

Current with legislation from the 2024 Regular and Special Sessions.

Section 42a-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.

Conn. Gen. Stat. § 42a-9-402

(1959, P.A. 133, S. 9-402; P.A. 76-369, S. 29; P.A. 01-132, S. 64.)