- A secured party does not owe a duty based on its status as secured party:
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(1) to a person that is a debtor or obligor, unless the secured party knows:
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(A) that the person is a debtor or obligor;
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(B) the identity of the person; and
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(C) how to communicate with the person; or
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(2) to a secured party or lien holder that has filed a financing statement against a person, unless the secured party knows:
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(A) that the person is a debtor; and
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(B) the identity of the person.
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