Section 9-605 - Unknown debtor or secondary obligor.

§ 9-605. Unknown debtor or secondary obligor.
 

A secured party does not owe a duty based on its status as secured party: 

(1) To a person that is a debtor or obligor, unless the secured party knows: 

(A) That the person is a debtor or obligor; 

(B) The identity of the person; and 

(C) How to communicate with the person; or 

(2) To a secured party or lienholder that has filed a financing statement against a person, unless the secured party knows: 

(A) That the person is a debtor; and 

(B) The identity of the person. 
 

[1999, ch. 282, § 2.]