{"data":{"id":"us-mo/mo.-rev.-stat.-400.9-618","jurisdiction":"us-mo","citation":"Mo. Rev. Stat. § 400.9-618","heading":"Rights and duties of certain secondary obligors.","body":"(a) 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) An assignment, transfer, or subrogation described in subsection (a):\n(1) Is not a disposition of collateral under section 400.9-610; and\n(2) Relieves the secured party of further duties under this article.","path":["Title XXVI - TRADE AND COMMERCE","Chapter 400 - Uniform Commercial Code"],"source_url":"https://revisor.mo.gov/main/OneSection.aspx?section=400.9-618","current_through":"2026 legislative session (floor)","vintage":"","retrieved_at":"2026-09-03T22:23:28Z","sha256":"fd501dfaa01bbd38a5aa67c492ebf800da879aab57db1a0116faa65d977262d3","source_id":"us-mo","stale":false,"prev":"us-mo/mo.-rev.-stat.-400.9-617","next":"us-mo/mo.-rev.-stat.-400.9-619"},"notice":"GroundRules: Original legal text. Not legal advice."}