{"data":{"id":"us-de/6-del.-c.-9-209","jurisdiction":"us-de","citation":"6 Del. C. § 9-209","heading":"Duties of secured party if account debtor has been notified of assignment.","body":"(a) Applicability of section. — Except as otherwise provided in subsection (c), this section applies if:\n(1) there is no outstanding secured obligation; and\n(2) the secured party is not committed to make advances, incur obligations, or otherwise give value.\n(b) Duties of secured party after receiving demand from debtor. — Within 10 days after receiving a signed demand by the debtor, a secured party shall send to an account debtor that has received notification under Section 9-406(a) or 12-106(b) of an assignment to the secured party as assignee under a signed record that releases the account debtor from any further obligation to the secured party.\n(c) Inapplicability to sales. — This section does not apply to an assignment constituting the sale of an account, chattel paper, or payment intangible.","path":["Title 6. Commerce and Trade","SUBTITLE I","Uniform Commercial Code","ARTICLE 9. Secured Transactions","Part 2","Effectiveness of Security Agreement; Attachment of Security Interest; Rights of Parties to Security Agreement"],"source_url":"https://delcode.delaware.gov/title6/c009/sc02/index.html#9-209","current_through":"2026-08-10 (85 Del. Laws, c. 421, 424)","vintage":"","retrieved_at":"2026-09-05T23:02:06Z","sha256":"c92cb31ebc532a5022b0662abc22b8d92d6ee0fdc408d4909e85bdb80a7b0880","source_id":"us-de","stale":true,"prev":"us-de/6-del.-c.-9-208","next":"us-de/6-del.-c.-9-210"},"notice":"GroundRules: Original legal text. Not legal advice."}
