{"data":{"id":"us-co/c.r.s.-4-9-618","jurisdiction":"us-co","citation":"C.R.S. § 4-9-618","heading":"Rights and duties of certain secondary obligors.","body":"(a) A secondary obligor acquires the rights and becomes obligated to perform the duties of the secured party after the secondary obligor:\n\n(1) Receives an assignment of a secured obligation from the secured party;\n\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\n(3) Is subrogated to the rights of a secured party with respect to collateral.\n\n(b) An assignment, transfer, or subrogation described in subsection (a) of this section:\n\n(1) Is not a disposition of collateral under section 4-9-610; and\n\n(2) Relieves the secured party of further duties under this article.","path":["Title 4 - UNIFORM COMMERCIAL CODE","Article 9 - Secured Transactions","Part 6 - DEFAULT"],"source_url":"https://olls.info/crs/crs2026-title-04.htm","current_through":"Colorado Revised Statutes 2026","vintage":"","retrieved_at":"2026-09-14T18:37:45Z","sha256":"5007fb616996ebc3e494e923c6eeb997f8b918997f9d1e2a7cc0a5100ef38256","source_id":"us-co","stale":false,"prev":"us-co/c.r.s.-4-9-617","next":"us-co/c.r.s.-4-9-619"},"notice":"GroundRules: Original legal text. Not legal advice."}
