{"data":{"id":"us-wa/rcw-62a.9a-622","jurisdiction":"us-wa","citation":"RCW 62A.9A-622","heading":"Effect of acceptance of collateral.","body":"(a) Effect of acceptance. 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) Discharge of subordinate interest notwithstanding noncompliance. A subordinate interest is discharged or terminated under subsection (a) of this section, even if the secured party fails to comply with this Article.","path":["Title 62A","Chapter 62A.9A"],"source_url":"https://app.leg.wa.gov/rcw/default.aspx?cite=62A.9A-622","current_through":"July 15, 2026","vintage":"","retrieved_at":"2026-09-06T03:39:28Z","sha256":"fbcbce1c878a576d5dddc8ed37ebed93ca2d26ef35e59a685564dc889454b847","source_id":"us-wa","stale":false,"prev":"us-wa/rcw-62a.9a-621","next":"us-wa/rcw-62a.9a-623"},"notice":"GroundRules: Original legal text. Not legal advice."}
