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.
Fla. Stat. § 679.4021
Secured party not obligated on contract of debtor or in tort
Known as the Uniform Commercial Code
The act spans §§ 679.1011 to 679.902 (152 sections).
History.--s. 4, ch. 2001-198.
Official source: Online Sunshine (Florida Legislature). Reproduced from public-domain Florida statutes; confirm against the official source for the current text. Not legal advice.