California · Commercial Code
COM §9605: (a) Except as provided in subdivision (b), a secured party does not owe a duty based on its status as secured party to either of the following persons: (1) To a person that is a debtor or obligor, unl
What this law says, in plain English
A secured party generally does not owe a duty to a debtor or obligor based solely on being a secured party, except as specified in subdivision (b).
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