                                 CODE OF VIRGINIA

SECURED PARTY NOT OBLIGATED ON CONTRACT OF DEBTOR OR IN TORT (§ 8.9A-402)

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&#8217;s acts or omissions.

HISTORY: 1964, c. 219, § 8.9-317; 2000, c. 1007.