Tenn. Code § 47-9-402

Current through Acts 2023-2024, ch. 1069

Section 47-9-402 - 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.

T.C.A. § 47-9-402

Acts 2000, ch. 846, § 1.