12A:9-605 - Unknown debtor or secondary obligor - New Jersey Statutes

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.
 
12A:9-606.  Time of default for agricultural lien
 

12A:9-606.  Time of Default for Agricultural Lien.

For purposes of this part, a default occurs in connection with an agricultural lien at the time the secured party becomes entitled to enforce the lien in accordance with the statute under which it was created.

L.2001, c.117, s.1.