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California Commercial Code

§ 9605

COM § 9605 Effective Jan 1, 2024Div. 9 · Ch. 6
(a)Except as provided in subdivision (b), a secured party does not owe a duty based on its status as secured party to either of the following persons:
(1)To a person that is a debtor or obligor, unless the secured party knows all of the following:
(A)That the person is a debtor or obligor.

Legislative history

Amended by Stats. 2023, Ch. 210, Sec. 62. (SB 95) Effective January 1, 2024.

Source: California Commercial Code § 9605 from the California Legislative Information (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.