UTAH CODE (Last Updated: January 16, 2015) |
Title 70A. Uniform Commercial Code |
Chapter 9a. Uniform Commercial Code - Secured Transactions |
Part 4. Rights of Third Parties |
§ 70A-9a-402. Secured party not obligated on contract of debtor or in tort.
Latest version.
- 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.
Enacted by Chapter 252, 2000 General Session