California Commercial Code

§ 9605

COM § 9605 Effective Jan 1, 2024Div. 9 · Ch. 6

Statute text

(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.