{"data":{"id":"us-wy/wyo.-stat.-34.1-9-622","jurisdiction":"us-wy","citation":"Wyo. Stat. § 34.1-9-622","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(i) Discharges the obligation to the extent consented to by the debtor;\n(ii) Transfers to the secured party all of a debtor's rights in the collateral;\n(iii) 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(iv) 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 34.1 - UNIFORM COMMERCIAL CODE","ARTICLE 9 - SECURED TRANSACTIONS","PART 6 DEFAULT"],"source_url":"https://wyoleg.gov/statutes/compress/title34.1.pdf","current_through":"2026 Budget Session; as of 2026-07-01","vintage":"","retrieved_at":"2026-09-04T00:16:32Z","sha256":"901b6850893ded2e4fdc0fc2dad6f2a682370bf11182379e28a16ab714e56e18","source_id":"us-wy","stale":false,"prev":"us-wy/wyo.-stat.-34.1-9-621","next":"us-wy/wyo.-stat.-34.1-9-623"},"notice":"GroundRules: Original legal text. Not legal advice."}