{"data":{"id":"us-ga/o.c.g.a.-11-9-618","jurisdiction":"us-ga","citation":"O.C.G.A. § 11-9-618","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) of this Code section:\n(1) Is not a disposition of collateral under Code Section 11-9-610; and\n(2) Relieves the secured party of further duties under this article.","path":["TITLE 11 Commercial Code","Article 9 Secured Transactions","PART 6 Default","Subpart 1 Default and Enforcement of Security Interest"],"source_url":"https://archive.org/download/gov.ga.ocga.2018/release86.2022.11/gov.ga.ocga.title.11.odt","current_through":"Release 86 (2022-11)","vintage":"Public.Resource.Org bulk O.C.G.A., Release 86 (2022-11), retrieved 2026-09-17","retrieved_at":"2026-09-17T19:34:57Z","sha256":"706c403bf4d3dee41451c4f897fdae157c8f568c407f124cefc5fa1fc5961cb7","source_id":"us-ga","stale":false,"prev":"us-ga/o.c.g.a.-11-9-617","next":"us-ga/o.c.g.a.-11-9-619"},"notice":"GroundRules: Original legal text. Not legal advice."}