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Code of Virginia · § 8.9A-402 — Secured party not obligated on contract of debtor or in tort

8.9A-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.

History and annotations

1964, c. 219, § 8.9-317; 2000, c. 1007.

Official source for this version

Source captured 2026-09-25. Open the official source.

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