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Secured party not obligated on contract of debtor or in tort.

Neb. U.C.C. § 9-402
in effect
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UCC 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. Laws 1999, LB 550, § 137.
Source: Nebraska Legislature (nebraskalegislature.gov)URL: https://nebraskalegislature.gov/laws/ucc.php?code=9-402Fetched: 10/20/2026

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