☰ Revisor of Missouri

Title XXVI TRADE AND COMMERCE

Chapter 400

Effective - 01 Jul 2001, see footnote bottom

  400.9-402.  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.

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(L. 1963 p. 503 § 9-402, A.L. 1965 p. 595, A.L. 1988 S.B. 583, A.L. 1995 S.B. 215, A.L. 1997 S.B. 6, A.L. 2001 S.B. 288)

Effective 7-01-01


---- end of effective   01 Jul 2001 ----

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