Title 70A - Uniform Commercial Code - Chapter 9a - Uniform Commercial Code - Secured Transactions - Part 4 - Rights of Third Parties - Section 402 - Secured party not obligated on contract of debtor or in tort.

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Utah Code

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70A-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