California § 9617 - A secured party
Full text of California Public Contract Code - PCC § 9617 — A secured party, with citation guidance and answers to common questions.
§ 9617. A secured party
(a) A secured partyâs disposition of collateral after default does all of the following: (1) Transfers to a transferee for value all of the debtorâs rights in the collateral. (2) Discharges the security interest under which the disposition is made. (3) Discharges any subordinate security interest or other subordinate lien. (b) A transferee that acts in good faith takes free of the rights and interests described in subdivision (a), even if the secured party fails to comply with this division or the requirements of any judicial proceeding. (c) If a transferee does not take free of the rights and interests described in subdivision (a), the transferee takes the collateral subject to all of the following: (1) The debtorâs rights in the collateral. (2) The security interest or agricultural lien under which the disposition is made. (3) Any other security interest or other lien.
Frequently Asked Questions About California § 9617
What does Public Contract Code - PCC § 9617 cover?
Section 9617 ("A secured party") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite California § 9617?
A common citation format is "Public Contract Code - PCC § 9617" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of California law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.
How does California § 9617 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in California.