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2018 Georgia Code 11-9-402 | Car Wreck Lawyer

Link to State of Georgia Official Statute 2018 Georgia Code Annotated (sourced from legal.resource.org)
O.C.G.A. 11-9-402 Case Law from Google Scholar Amendments to OCGA 11-9-402

TITLE 11 COMMERCIAL CODE

Section 9. Secured Transactions, 11-9-101 through 11-9-809.

ARTICLE 9 SECURED TRANSACTIONS

PART 4 RIGHTS OF BANK

11-9-402. 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.

(Code 1981, §11-9-402, enacted by Ga. L. 2001, p. 362, § 1.)

RESEARCH REFERENCES

Am. Jur. 2d.

- 68A Am. Jur. 2d, Secured Transactions, §§ 510, 554, 926-930.

C.J.S.

- 77A C.J.S., Sales, § 291.

U.L.A.

- Uniform Commercial Code (U.L.A.) § 9-402.

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