Pennsylvania § 9618 - Rights and duties of certain secondary obligors.
Full text of Pennsylvania Pennsylvania Consolidated Statutes § 9618 — Rights and duties of certain secondary obligors., with citation guidance and answers to common questions.
§ 9618. Rights and duties of certain secondary obligors.
(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 a 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 section 9610 (relating to disposition of collateral after default); and
(2) relieves the secured party of further duties under this division.
Source: official Pennsylvania text · Last verified 2026-08-27
Frequently Asked Questions About Pennsylvania § 9618
What does Pennsylvania Consolidated Statutes § 9618 cover?
Section 9618 ("Rights and duties of certain secondary obligors.") is part of the Pennsylvania Consolidated Statutes, the codified statutory law of Pennsylvania. 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 Pennsylvania § 9618?
A common citation format is "Pennsylvania Consolidated Statutes § 9618" (Pennsylvania). 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 Pennsylvania law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Pennsylvania official source linked on this page or consult a licensed Pennsylvania attorney.
How does Pennsylvania § 9618 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Pennsylvania 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 Pennsylvania.