ARS § 47-9622 — United States — Arizona law | Esheria

ARS § 47-9622

If a secured party accepts collateral in full or partial satisfaction of the secured debt, the debt is discharged to the extent the debtor agreed, the debtor’s rights in the collateral transfer to the secured party, and related security interests or subordinate interests are discharged or terminated.

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Jurisdiction
United States — Arizona
Instrument
Act or statute
Version
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Language
en
Updated
Official source
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collateral debt satisfaction security interests

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