62A.9A-605 - Unknown debtor or secondary obligor. - Washington Statutes

Unknown debtor or secondary obligor.

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

     (1) 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

     (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.

[2000 c 250 § 9A-605.]