{"data":{"id":"us-de/6-del.-c.-9-618","jurisdiction":"us-de","citation":"6 Del. C. § 9-618","heading":"Rights and duties of certain secondary obligors.","body":"(a) Rights and duties of secondary obligor. — A secondary obligor acquires the rights and becomes obligated to perform the duties of the secured party after the secondary obligor:\n(1) receives an assignment of a secured obligation from the secured party;\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(3) is subrogated to the rights of a secured party with respect to collateral.\n(b) Effect of assignment, transfer, or subrogation. — An assignment, transfer, or subrogation described in subsection (a):\n(1) is not a disposition of collateral under Section 9-610; and\n(2) relieves the secured party of further duties under this Article.","path":["Title 6. Commerce and Trade","SUBTITLE I","Uniform Commercial Code","ARTICLE 9. Secured Transactions","Part 6","Default"],"source_url":"https://delcode.delaware.gov/title6/c009/sc06/index.html#9-618","current_through":"2026-08-10 (85 Del. Laws, c. 421, 424)","vintage":"","retrieved_at":"2026-09-05T23:02:06Z","sha256":"890bd9615dcfb96454e24436e18bf3ff34c7d91e5373627dbd2c27ed24b10b7c","source_id":"us-de","stale":true,"prev":"us-de/6-del.-c.-9-617","next":"us-de/6-del.-c.-9-619"},"notice":"GroundRules: Original legal text. Not legal advice."}