{"data":{"id":"us-ma/mass.-gen.-laws-ch.-106-9-618","jurisdiction":"us-ma","citation":"Mass. Gen. Laws ch. 106, § 9-618","heading":"Rights and Duties of Certain Secondary Obligors","body":"Section 9–618. (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":["Part I","Title XV","Chapter 106","Article 9"],"source_url":"https://malegislature.gov/Laws/GeneralLaws/PartI/TitleXV/Chapter106/Section9-618","current_through":"amendments passed before May 31, 2026","vintage":"","retrieved_at":"2026-09-17T05:22:31Z","sha256":"eaf674461662bfd9c1e4e7a4ecd7e5d248cc37e910e629ced5c117c496aee7db","source_id":"us-ma","stale":false,"prev":"us-ma/mass.-gen.-laws-ch.-106-9-617","next":"us-ma/mass.-gen.-laws-ch.-106-9-619"},"notice":"GroundRules: Original legal text. Not legal advice."}