{"data":{"id":"us-va/va.-code-8.9a-618","jurisdiction":"us-va","citation":"Va. Code § 8.9A-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:(1) receives an assignment of a secured obligation from the secured party;(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(3) is subrogated to the rights of the secured party with respect to collateral.(b) Effect of assignment, transfer, or subrogation. An assignment, transfer, or subrogation described in subsection (a):(1) is not a disposition of collateral under § 8.9A-610; and(2) relieves the secured party of further duties under this title.1964, c. 219, § 8.9-504; 1973, c. 509; 2000, c. 1007.","path":["Title 8.9A. COMMERCIAL CODE — SECURED TRANSACTIONS","Part 6. DEFAULT","Subpart 1. DEFAULT AND ENFORCEMENT OF SECURITY INTEREST"],"source_url":"https://law.lis.virginia.gov/vacode/8.9A-618/","current_through":"9/4/2026","vintage":"","retrieved_at":"2026-09-04T15:13:29Z","sha256":"e4e1faa7fdadbff34b988471703da52624661df44295069dc21b453bab51089a","source_id":"us-va","stale":true,"prev":"us-va/va.-code-8.9a-617","next":"us-va/va.-code-8.9a-619"},"notice":"GroundRules: Original legal text. Not legal advice."}