12A:9-605 Unknown debtor or secondary obligor.

   12A:9-605. Unknown Debtor or Secondary Obligor.

   A secured party does not owe a duty based on its status as secured party:

   (1)   to a person who is a debtor or obligor, unless the secured party knows:

   (A)   that the person is a debtor or obligor;

   (B)   the identity of the person; and

   (C)   how to communicate with the person; or

   (2)   to a secured party or lienholder that has filed a financing statement against a person, unless the secured party knows:

   (A)   that the person is a debtor; and

   (B)   the identity of the person.

   L.2001, c.117, s.1; amended 2001, c.386, s.95.