30-9-605. (Effective July 1, 2001) 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 the person unless the secured party knows:
     (a) that a person is a debtor; and
     (b) the identity of the person.

     History: En. Sec. 102, Ch. 305, L. 1999.