North Carolina § 25-9-618 - Rights and duties of certain secondary obligors.
Full text of North Carolina North Carolina General Statutes § 25-9-618 — Rights and duties of certain secondary obligors., with citation guidance and answers to common questions.
§ 25-9-618. Rights and duties of certain secondary obligors.
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: Receives an assignment of a secured obligation from the secured party; Receives a transfer of collateral from the secured party and agrees to accept the rights and assume the duties of the secured party; or Is subrogated to the rights of a secured party with respect to collateral. Effect of assignment, transfer, or subrogation. - An assignment, transfer, or subrogation described in subsection (a) of this section: Is not a disposition of collateral under G.S. 25-9-610; and Relieves the secured party of further duties under this Article. History (1965, c. 700, s. 1; 1975, c. 862, s. 7; 2000-169, s. 1.)
Source: official North Carolina text · Last verified 2026-08-27
Frequently Asked Questions About North Carolina § 25-9-618
What does North Carolina General Statutes § 25-9-618 cover?
Section 25-9-618 ("Rights and duties of certain secondary obligors.") is part of the North Carolina General Statutes, the codified statutory law of North Carolina. 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 North Carolina § 25-9-618?
A common citation format is "North Carolina General Statutes § 25-9-618" (North Carolina). 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 North Carolina law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the North Carolina official source linked on this page or consult a licensed North Carolina attorney.
How does North Carolina § 25-9-618 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in North Carolina 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 North Carolina.