Section 11-9-605. Unknown debtor or secondary obligor.  


Latest version.
  •    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.
Code 1981, § 11-9-605, enacted by Ga. L. 2001, p. 362, § 1.