{"data":{"id":"us-dc/d.c.-code-28-9-617","jurisdiction":"us-dc","citation":"D.C. Code § 28:9-617","heading":"Rights of transferee of collateral.","body":"(a)\nA secured party’s disposition of collateral after default:\n(1)\nTransfers to a transferee for value all of the debtor’s rights in the collateral;\n(2)\nDischarges the security interest under which the disposition is made; and\n(3)\nDischarges any subordinate security interest or other subordinate lien other than liens created under D.C. Official Code § 47-2011 for gross sales taxes, and D.C. Official Code § 47-1812.09 for income and franchise taxes.\n\n(b)\nA transferee that acts in good faith takes free of the rights and interests described in subsection (a), even if the secured party fails to comply with this article or the requirements of any judicial proceeding.\n\n(c)\nIf a transferee does not take free of the rights and interests described in subsection (a), the transferee takes the collateral subject to:\n(1)\nThe debtor’s rights in the collateral;\n(2)\nThe security interest or agricultural lien under which the disposition is made; and\n(3)\nAny other security interest or other lien.","path":["Title 28. Commercial Instruments and Transactions. [Enacted title]","Subtitle I. Uniform Commercial Code.","Article 9. Secured Transactions.","Part VI. Default.","Subpart 1. Default and Enforcement of Security Interest."],"source_url":"https://code.dccouncil.gov/us/dc/council/code/sections/28:9-617","current_through":"2026-08-20 (D.C. Law 26-175)","vintage":"","retrieved_at":"2026-08-29T05:44:07Z","sha256":"7f683df11429243938e1e11ab877269f72e992bfefbddfff0600f6510f483064","source_id":"us-dc","stale":false,"prev":"us-dc/d.c.-code-28-9-616","next":"us-dc/d.c.-code-28-9-618"},"notice":"GroundRules: Original legal text. Not legal advice."}