{"data":{"id":"us-id/idaho-code-28-9-622","jurisdiction":"us-id","citation":"Idaho Code § 28-9-622","heading":"Effect of acceptance of collateral.","body":"(a) A secured party’s acceptance of collateral in full or partial satisfaction of the obligation it secures:\n(1) Discharges the obligation to the extent consented to by the debtor;\n(2) Transfers to the secured party all of a debtor’s rights in the collateral;\n(3) Discharges the security interest or agricultural lien that is the subject of the debtor’s consent and any subordinate security interest or other subordinate lien; and\n(4) Terminates any other subordinate interest.\n(b) A subordinate interest is discharged or terminated under subsection (a) of this section, even if the secured party fails to comply with this chapter.","path":["TITLE 28 COMMERCIAL TRANSACTIONS","CHAPTER 9 SECURED TRANSACTIONS","PART 6. DEFAULT"],"source_url":"https://legislature.idaho.gov/statutesrules/idstat/title28/t28ch9/sect28-9-622/","current_through":"2026 Legislative Session","vintage":"","retrieved_at":"2026-09-04T11:18:22Z","sha256":"4dd462a784c713a4be4fd90357d1d45204d191b9499ab81b8428cdcd90fb7976","source_id":"us-id","stale":false,"prev":"us-id/idaho-code-28-9-621","next":"us-id/idaho-code-28-9-623"},"notice":"GroundRules: Original legal text. Not legal advice."}