Code of Alabama
Ala. Code § 7-9A-402 (2026)
Secured Party Not Obligated on Contract of Debtor or in Tort.
✓ official Alabama Legislature (ALISON) text, current July 2026
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.
(Act 2001-481, p. 647, §1.)