104.9402 - Secured party not obligated in contract of debtor or in tort.
104.9402 Secured party not obligated in 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 impose upon a secured party liability in contract or tort for the debtor’s acts or omissions.
(Added to NRS by 1999, 323)