# 6 Del. C. § 9-402: § Â 9-402. Secured party not obligated on contract of debtor or in tort

> Delaware · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_DE_T6_A9_P4_S9-402

## Section

- **Citation:** 6 Del. C. § 9-402
- **Heading:** § Â 9-402. Secured party not obligated on contract of debtor or in tort
- **Jurisdiction:** Delaware
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Delaware Code / Title 6 / Article 9 / Part 4 / Section 9-402

## Text

The existence of a security interest, agricultural lien, or authority given to a debtor to dispose of or use collateral, without more, does not subject a secured party to liability in contract, tort or otherwise for the debtor’s acts or omissions.

## Nearby sections

- [6 Del. C. § 9-401 § Â
        9-401. Alienability of debtor’s rights.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T6_A9_P4_S9-401.md)
- [6 Del. C. § 9-402 § Â
        9-402. Secured party not obligated on contract of debtor or in tort.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T6_A9_P4_S9-402.md)
- [6 Del. C. § 9-403 § Â
        9-403. Agreement not to assert defenses against assignee.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T6_A9_P4_S9-403.md)
- [6 Del. C. § 9-404 § Â
        9-404. Rights acquired by assignee; claims and defenses against assignee.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T6_A9_P4_S9-404.md)
- [6 Del. C. § 9-405 § Â
        9-405. Modification of assigned contract.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T6_A9_P4_S9-405.md)
- [6 Del. C. § 9-406 § Â
        9-406. Discharge of account debtor; notification of assignment; identification and proof of assignment; restrictions on assignment of accounts, chattel paper, payment intangibles, and promissory notes ineffective.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T6_A9_P4_S9-406.md)
- [6 Del. C. § 9-407 § Â
        9-407. Restrictions on creation or enforcement of security interest in leasehold interest or in lessor’s residual interest.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T6_A9_P4_S9-407.md)
- [6 Del. C. § 9-408 § Â
        9-408. Restrictions on assignment of promissory notes, health-care-insurance receivables, and certain general intangibles ineffective.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T6_A9_P4_S9-408.md)
- [6 Del. C. § 9-409 § Â
        9-409. Restrictions on assignment of letter-of-credit rights ineffective.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T6_A9_P4_S9-409.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_DE_T6_A9_P4_S9-402. Check the current official text before relying on it. Not legal advice.