{"data":{"id":"us-fl/fla.-stat.-679.618","jurisdiction":"us-fl","citation":"Fla. Stat. § 679.618","heading":"Rights and duties of certain secondary obligors.","body":"(1) A secondary obligor acquires the rights and becomes obligated to perform the duties of the secured party after the secondary obligor:\n(a) Receives an assignment of a secured obligation from the secured party;\n(b) 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(c) Is subrogated to the rights of a secured party with respect to collateral.\n(2) An assignment, transfer, or subrogation described in subsection (1):\n(a) Is not a disposition of collateral under s. 679.610; and\n(b) Relieves the secured party of further duties under this chapter.\nHistory.—s. 7, ch. 2001-198.","path":["CHAPTER 679 UNIFORM COMMERCIAL CODE: SECURED TRANSACTIONS"],"source_url":"https://www.leg.state.fl.us/statutes/index.cfm?App_mode=Display_Statute\u0026URL=0600-0699/0679/0679.html","current_through":"2026 Florida Statutes","vintage":"","retrieved_at":"2026-08-27T02:11:57Z","sha256":"b1b61501cb9b534b812e88fc42b44ea0a4377c07d26013ffe516498e35ac0c74","source_id":"us-fl","stale":false,"prev":"us-fl/fla.-stat.-679.617","next":"us-fl/fla.-stat.-679.619"},"notice":"GroundRules: Original legal text. Not legal advice."}