Colorado Code
Part 4 - Rights of Third Parties
§ 4-9-402. 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.
Source: L. 2001: Entire article R&RE, p. 1371, § 1, effective July 1.
Editor's note: This section is similar to former § 4-9-317 as it existed prior to 2001.

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Structure Colorado Code

Colorado Code

Title 4 - Uniform Commercial Code

Article 9 - Secured Transactions

Part 4 - Rights of Third Parties

§ 4-9-401. Alienability of Debtor's Rights

§ 4-9-402. Secured Party Not Obligated on Contract of Debtor or in Tort

§ 4-9-403. Agreement Not to Assert Defenses Against Assignee

§ 4-9-404. Rights Acquired by Assignee; Claims and Defenses Against Assignee

§ 4-9-405. Modification of Assigned Contract