§490:9-609 Secured party's right to take possession after default. (a) After default, a secured party:
(1) May take possession of the collateral; and
(2) Without removal, may render equipment unusable and dispose of collateral on a debtor's premises under section 490:9-610.
(b) A secured party may proceed under subsection (a):
(1) Pursuant to judicial process; or
(2) Without judicial process, if it proceeds without breach of the peace.
(c) If so agreed, and in any event after default, a secured party may require the debtor to assemble the collateral and make it available to the secured party at a place to be designated by the secured party which is reasonably convenient to both parties. [L 2000, c 241, pt of §1]
Section: Previous 490-9-602 490-9-603 490-9-604 490-9-605 490-9-606 490-9-607 490-9-608 490-9-609 490-9-610 490-9-611 490-9-612 490-9-613 490-9-614 490-9-615 490-9-616 NextLast modified: October 27, 2016