• § 11-9-601 - Rights After Default; Judicial Enforcement; Consignor or Buyer of Accounts, Chattel Paper, Payment Intangibles, or Promissory Notes.
  (a) Rights of secured party after default. After default, a secured party has the rights provided in this part and, except as otherwise provided...
• § 11-9-602 - Waiver and Variance of Rights and Duties.
  Except as otherwise provided in Code Section 11-9-624, to the extent that they give rights to a debtor or obligor and impose duties on...
• § 11-9-603 - Agreement on Standards Concerning Rights and Duties.
  (a) Agreed standards. The parties may determine by agreement the standards measuring the fulfillment of the rights of a debtor or obligor and the...
• § 11-9-604 - Procedure If Security Agreement Covers Real Property or Fixtures.
  (a) Enforcement; personal and real property. If a security agreement covers both personal and real property, a secured party may proceed: (1) Under this...
• § 11-9-605 - Unknown Debtor or Secondary Obligor.
  A secured party does not owe a duty based on its status as secured party: (1) To a person that is a debtor or...
• § 11-9-606 - Time of Default for Agricultural Lien.
  For purposes of this part, a default occurs in connection with an agricultural lien at the time the secured party becomes entitled to enforce...
• § 11-9-607 - Collection and Enforcement by Secured Party.
  (a) Collection and enforcement generally. If so agreed, and in any event after default, a secured party: (1) May notify an account debtor or...
• § 11-9-608 - Application of Proceeds of Collection or Enforcement; Liability for Deficiency and Right to Surplus.
  (a) Application of proceeds, surplus, and deficiency if obligation secured. If a security interest or agricultural lien secures payment or performance of an obligation,...
• § 11-9-609 - Secured Party's Right to Take Possession After Default.
  (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...
• § 11-9-610 - Disposition of Collateral After Default.
  (a) Disposition after default. After default, a secured party may sell, lease, license, or otherwise dispose of any or all of the collateral in...
• § 11-9-611 - Notification Before Disposition of Collateral.
  (a) "Notification date." As used in this Code section, the term "notification date" means the earlier of the date on which: (1) A secured...
• § 11-9-612 - Timeliness of Notification Before Disposition of Collateral.
  (a) Reasonable time is question of fact. Except as otherwise provided in subsection (b) of this Code section, whether a notification is sent within...
• § 11-9-613 - Contents and Form of Notification Before Disposition of Collateral; General.
  Except in a consumer goods transaction, the following rules apply: (1) The contents of a notification of disposition are sufficient if the notification: (A)...
• § 11-9-614 - Contents and Form of Notification Before Disposition of Collateral; Consumer Goods Transaction.
  In a consumer goods transaction, the following rules apply: (1) A notification of disposition must provide the following information: (A) The information specified in...
• § 11-9-615 - Application of Proceeds of Disposition; Liability for Deficiency and Right to Surplus.
  (a) Application of proceeds. A secured party shall apply or pay over for application the cash proceeds of a disposition under Code Section 11-9-610...
• § 11-9-616 - Explanation of Calculation of Surplus or Deficiency.
  (a) Definitions. As used in this Code section, the term: (1) "Explanation" means a writing that: (A) States the amount of the surplus or...
• § 11-9-617 - Rights of Transferee of Collateral.
  (a) Effects of disposition. A secured party's disposition of collateral after default: (1) Transfers to a transferee for value all of the debtor's rights...
• § 11-9-618 - 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...
• § 11-9-619 - Transfer of Record or Legal Title.
  (a) "Transfer statement." As used in this Code section, the term "transfer statement" means a record authenticated by a secured party stating: (1) That...
• § 11-9-620 - Acceptance of Collateral in Full or Partial Satisfaction of Obligation; Compulsory Disposition of Collateral.
  (a) Conditions to acceptance in satisfaction. Except as otherwise provided in subsection (g) of this Code section, a secured party may accept collateral in...
• § 11-9-621 - Notification of Proposal to Accept Collateral.
  (a) Persons to which proposal to be sent. A secured party that desires to accept collateral in full or partial satisfaction of the obligation...
• § 11-9-622 - Effect of Acceptance of Collateral.
  (a) Effect of acceptance. A secured party's acceptance of collateral in full or partial satisfaction of the obligation it secures: (1) Discharges the obligation...
• § 11-9-623 - Right to Redeem Collateral.
  (a) Persons that may redeem. A debtor, any secondary obligor, or any other secured party or lienholder may redeem collateral.(b) Requirements for redemption. To...
• § 11-9-624 - Waiver.
  (a) Waiver of disposition notification. A debtor or secondary obligor may waive the right to notification of disposition of collateral under Code Section 11-9-611...

Last modified: October 14, 2016