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HRS §490:9-402

Secured party not liable for debtor's actions

This section says that just having a security interest or lien, or letting the debtor use or sell the collateral, does not make the secured party responsible for the debtor's contracts or wrongdoing. It only covers that narrow point.

creditorslandlords

The statute, as written — Secured party not obligated on contract of debtor or in tort

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 or tort for the debtor's acts or omissions.
Read the official text at capitol.hawaii.gov ↗as published Jan 6, 2026our copy taken Aug 20, 2026

LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.