{"data":{"id":"us-dc/d.c.-code-28-9-209","jurisdiction":"us-dc","citation":"D.C. Code § 28:9-209","heading":"Duties of secured party if account debtor has been notified of assignment.","body":"(a)\nExcept as otherwise provided in subsection (c), this section applies if:\n(1)\nThere is no outstanding secured obligation; and\n(2)\nThe secured party is not committed to make advances, incur obligations, or otherwise give value.\n\n(b)\nWithin 10 days after receiving a signed demand by the debtor, a secured party shall send to an account debtor that has received notification under § 28:9-406(a) or § 28:12-106(b) of an assignment to the secured party as assignee a signed record that releases the account debtor from any further obligation to the secured party.\n\n(c)\nThis section does not apply to an assignment constituting the sale of an account, chattel paper, or payment intangible.","path":["Title 28. Commercial Instruments and Transactions. [Enacted title]","Subtitle I. Uniform Commercial Code.","Article 9. Secured Transactions.","Part II. Effectiveness of Security Agreement; Attachment of Security Interest; Rights of Parties to Security Agreement.","Subpart 2. Rights and Duties."],"source_url":"https://code.dccouncil.gov/us/dc/council/code/sections/28:9-209","current_through":"2026-08-20 (D.C. Law 26-175)","vintage":"","retrieved_at":"2026-08-29T05:44:07Z","sha256":"8d91bd7104ac9e1136045b9f7ebe94510fcacb33f434613a97428c2c2b08f282","source_id":"us-dc","stale":false,"prev":"us-dc/d.c.-code-28-9-208","next":"us-dc/d.c.-code-28-9-210"},"notice":"GroundRules: Original legal text. Not legal advice."}
