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NORTH CAROLINA STATUTES AND CODES

§ 25-9-605. Unknown debtor or secondary obligor.

§25‑9‑605.  Unknown debtor or secondary obligor.

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

(1)        To a person that isa debtor or obligor, unless the secured party knows:

a.         That the person is adebtor or obligor;

b.         The identity of theperson; and

c.         How to communicatewith the person; or

(2)        To a secured partyor lienholder that has filed a financing statement against a person, unless thesecured party knows:

a.         That the person is adebtor; and

b.         The identity of theperson. (2000‑169, s. 1.)

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