The existence of a security interest, agricultural lien, or authority given to a debtor to dispose of or use collateral, without more, does not impose upon a secured party liability in contract or tort for the debtor's acts or omissions.
Mont. Code Ann. § 30-9A-402
Secured party not obligated on contract of debtor
Known as the Uniform Commercial Code
The act spans §§ 30-1-101 to 30-9A-906 (713 sections).
En
Official source: Montana Code Annotated (Montana Legislature). Reproduced from public-domain Montana statutes; confirm against the official source for the current text. Not legal advice.