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.
History —Sept. 19, 1996, No. 241, added as § 9-605 on Jan. 17, 2012, No. 21, § 11, eff. 1 year after Jan. 17, 2012.