{"data":{"id":"us-ct/conn.-gen.-stat.-42a-9-622","jurisdiction":"us-ct","citation":"Conn. Gen. Stat. § 42a-9-622","heading":"Effect of acceptance of collateral.","body":"(a) A secured party's acceptance of collateral in full or partial satisfaction of the obligation it secures:\n(1) Discharges the obligation to the extent consented to by the debtor;\n(2) Transfers to the secured party all of a debtor's rights in the collateral;\n(3) Discharges the security interest or agricultural lien that is the subject of the debtor's consent and any subordinate security interest or other subordinate lien; and\n(4) Terminates any other subordinate interest.\n(b) A subordinate interest is discharged or terminated under subsection (a), even if the secured party fails to comply with this article.","path":["TITLE 42a. UNIFORM COMMERCIAL CODE","ARTICLE 9*. SECURED TRANSACTIONS","PART 6*. DEFAULT"],"source_url":"https://www.cga.ct.gov/current/pub/art_009.htm#sec_42a-9-622","current_through":"Revised to January 1, 2026 (2026 Supplement to the General Statutes of Connecticut, applied over the base revision of January 1, 2025)","vintage":"","retrieved_at":"2026-09-06T19:07:15Z","sha256":"21b5e3e69ea64e42851b30ddfe2c53e26466c1218f5e0719594c4100763f1f25","source_id":"us-ct","stale":false,"prev":"us-ct/conn.-gen.-stat.-42a-9-621","next":"us-ct/conn.-gen.-stat.-42a-9-623"},"notice":"GroundRules: Original legal text. Not legal advice."}