{"data":{"id":"us-nh/rsa-382-a-9-618","jurisdiction":"us-nh","citation":"RSA 382-A: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):\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":["Title XXXIV-A: UNIFORM COMMERCIAL CODE","Chapter Part 6: Default"],"source_url":"https://gc.nh.gov/rsa/html/XXXIV-A/382-A/382-A-9-618.htm","current_through":"2025 regular legislative session, or December 2025","vintage":"","retrieved_at":"2026-09-05T15:43:59Z","sha256":"8d6337e293798a26938ccd57fb38fd8e4d7fd5b3a8e62ef3066abb616a661508","source_id":"us-nh","stale":false,"prev":"us-nh/rsa-382-a-9-617","next":"us-nh/rsa-382-a-9-619"},"notice":"GroundRules: Original legal text. Not legal advice."}