Secured party not obligated on contract of debtor or in tort.
Utah Code § 70A-9a-402
in effect70A-9a-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.
Enacted by Chapter 252, 2000 General Session
Source: Utah Office of Legislative Research and General Counsel (le.utah.gov)URL: https://le.utah.gov/xcode/Title70A/Chapter9A/70A-9a-S402.html?v=C70A-9a-S402_1800010118000101Fetched: 10/26/2026
