{"data":{"id":"us-mo/mo.-rev.-stat.-400.9-622","jurisdiction":"us-mo","citation":"Mo. Rev. Stat. § 400.9-622","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), even if the secured party fails to comply with this article.","path":["Title XXVI - TRADE AND COMMERCE","Chapter 400 - Uniform Commercial Code"],"source_url":"https://revisor.mo.gov/main/OneSection.aspx?section=400.9-622","current_through":"2026 legislative session (floor)","vintage":"","retrieved_at":"2026-09-03T22:23:28Z","sha256":"21b5e3e69ea64e42851b30ddfe2c53e26466c1218f5e0719594c4100763f1f25","source_id":"us-mo","stale":false,"prev":"us-mo/mo.-rev.-stat.-400.9-621","next":"us-mo/mo.-rev.-stat.-400.9-623"},"notice":"GroundRules: Original legal text. Not legal advice."}