Secured party not obligated on contract of debtor or in tort
Va. Code Ann. § 8.9A-402
in effectThe 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.
1964, c. 219, § 8.9-317; 2000, c. 1007 .
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://law.lis.virginia.gov/vacode/8.9A-402/Fetched: 10/17/2026
