ARTICLE 9
SECURED TRANSACTIONS
PART 1
DEFAULT AND ENFORCEMENT OF SECURITY INTEREST
11-9-605. Unknown debtor or secondary obligor.
A secured party does not owe a duty based on its status as secured party:
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To a person that is a debtor or obligor, unless the secured party knows:
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That the person is a debtor or obligor;
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The identity of the person; and
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How to communicate with the person; or
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To a secured party or lienholder that has filed a financing statement against a person, unless the secured party knows:
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That the person is a debtor; and
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The identity of the person.
(Code 1981, §11-9-605, enacted by Ga. L. 2001, p. 362, § 1.)
RESEARCH REFERENCES
U.L.A.
- Uniform Commercial Code (U.L.A.)
§
9-605.