(a) Possession; rendering equipment unusable; disposition on debtor's premises. 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 Code Section 11-9-610.
(b) Judicial and nonjudicial process. A secured party may proceed under subsection (a) of this Code section:
(1) Pursuant to judicial process; or
(2) Without judicial process, if it proceeds without breach of the peace.
(c) Assembly of collateral. 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.
Section: Previous 11-9-602 11-9-603 11-9-604 11-9-605 11-9-606 11-9-607 11-9-608 11-9-609 11-9-610 11-9-611 11-9-612 11-9-613 11-9-614 11-9-615 11-9-616 NextLast modified: October 14, 2016