Unknown Debtor or Secondary Obligor.

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34.1-9-605. Unknown debtor or secondary obligor.

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

(i) To a person that 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

(ii) 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.


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