{"data":{"id":"us-al/ala.-code-7-9a-618","jurisdiction":"us-al","citation":"Ala. Code § 7-9A-618","heading":"Rights and Duties of Certain Secondary Obligors.","body":"(a) Rights and duties of secondary obligor. A secondary obligor acquires the rights and becomes obligated to perform the duties of the secured party after the secondary obligor:\n(1) receives an assignment of a secured obligation from the secured party;\n(2) receives a transfer of collateral from the secured party and agrees to accept the rights and assume the duties of the secured party; or\n(3) is subrogated to the rights of a secured party with respect to collateral.\n(b) Effect of assignment, transfer, or subrogation. An assignment, transfer, or subrogation described in subsection (a):\n(1) is not a disposition of collateral under Section 7-9A-610; and\n(2) relieves the secured party of further duties under this article.","path":["Title 7 Commercial Code.","Article 9A Secured Transactions.","Part 6 Default.","Division 1 Default and Enforcement of Security Interest."],"source_url":"https://alison.legislature.state.al.us/code-of-alabama?section=7-9A-618","current_through":"Act 2026-611","vintage":"","retrieved_at":"2026-09-03T14:01:52Z","sha256":"7408a8a73c82eed1b515bad4beaf4ffd4dd623bf83284a90fb77be678e4a75f9","source_id":"us-al","stale":false,"prev":"us-al/ala.-code-7-9a-617","next":"us-al/ala.-code-7-9a-619"},"notice":"GroundRules: Original legal text. Not legal advice."}