Statute · California Commercial Code
Cal. Com. Code § 9402 — Rights of Third Parties
Cal. Com. Code § 9402
- Type
- Statute
- Source
- California Commercial Code
- Jurisdiction
- California
- Date
- 2000-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
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.
Citator
Cal. Com. Code § 9402 — Rights of Third Parties is in force in the current edition of the Code, and nothing recorded condemns it.
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.