Section 45.29.605. Unknown debtor or secondary obligor.

A secured party does not owe a duty based on its status as secured party to
        (1) a person who 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) 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.

Authorities

45.29.601

Notes

References

AS 45.29.601 Rights after default; judicial enforcement; consignor or buyer of accounts, chattel paper, payment intangibles, or promissory notes.

History

(Sec. 1 ch 113 SLA 2000)