8.9A-605 - A-605. Unknown debtor or secondary obligor.
§ 8.9A-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 statementagainst a person, unless the secured party knows:
(A) that the person is a debtor; and
(B) the identity of the person.
(2000, c. 1007.)