New York Uniform Commercial Code Law Sub Part 1 - DEFAULT AND ENFORCEMENT OF SECURITY INTEREST
- 9-601 - Rights After Default; Judicial Enforcement; Consignor or Buyer of Accounts, Chattel Paper, Payment Intangibles, or Promissory Notes
Section 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...
- 9-602 - Waiver and Varience of Rights and Duties
Section 9--602. Waiver and Variance of Rights and Duties. Except as otherwise provided in Section 9--624, to the extent that they give rights to a...
- 9-603 - Agreement on Standards Concerning Rights and Duties
Section 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...
- 9-604 - Procedure If Security Agreement Covers Real Property, Fixtures, or Cooperative Interests
Section 9--604. Procedure If Security Agreement Covers Real Property, Fixtures, or Cooperative Interests. (a) Enforcement: personal and real property. If a security agreement covers both...
- 9-605 - Unknown Debtor or Secondary Obligor
Section 9--605. Unknown Debtor or Secondary Obligor. A secured party does not owe a duty based on its status as secured party: (a) to a...
- 9-606 - Time of Default for Agricultural Lien
Section 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...
- 9-607 - Collection and Enforcement by Secured Party
Section 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:...
- 9-608 - Application of Proceeds of Collection or Enforcement; Liability for Deficiency and Right to Surplus
Section 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...
- 9-609 - Secured Party's Right to Take Possession After Default
Section 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)...
- 9-610 - Disposition of Collateral After Default
Section 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...
- 9-611 - Notification Before Disposition of Collateral
Section 9--611. Notification Before Disposition of Collateral. (a) "Notification date." In this section, "notification date" means the earlier of the date on which: (1) a...
- 9-612 - Timeliness of Notification Before Disposition of Collateral
Section 9--612. Timeliness of Notification Before Disposition of Collateral. (a) Reasonable time is question of fact. Except as otherwise provided in subsection (b), whether a...
- 9-613 - Contents and Form of Notification Before Disposition of Collateral: General
Section 9--613. Contents and Form of Notification Before Disposition of Collateral: General. Except in a consumer-goods transaction, the following rules apply: (a) The contents of...
- 9-614 - Contents and Form of Notification Before Disposition of Collateral: Consumer-Goods Transaction
Section 9--614. Contents and Form of Notification Before Disposition of Collateral: Consumer-goods Transaction. In a consumer-goods transaction, the following rules apply: (a) A notification of...
- 9-615 - Application of Proceeds of Disposition; Liability for Deficiency and Right to Surplus
Section 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...
- 9-616 - Explanation of Calculation of Surplus or Deficiency
Section 9--616. Explanation of Calculation of Surplus or Deficiency. (a) Definitions. In this section: (1) "Explanation" means a writing that: (A) states the amount of...
- 9-617 - Rights of Transferee of Collateral
Section 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...
- 9-618 - Rights and Duties of Certain Secondary Obligors
Section 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...
- 9-619 - Transfer of Record or Legal Title
Section 9--619. Transfer of Record or Legal Title. (a) "Transfer statement." In this section, "transfer statement" means a record authenticated by a secured party stating:...
- 9-620 - Acceptance of Collateral in Full or Partial Satisfaction of Obligation; Compulsory Disposition of Collateral
Section 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...
- 9-621 - Notification of Proposal to Accept Collateral
Section 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...
- 9-622 - Effect of Acceptance of Collateral
Section 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...
- 9-623 - Right to Redeem Collateral
Section 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...
- 9-624 - Waiver
Section 9--624. Waiver. (a) Waiver of disposition notification. A debtor or secondary obligor may waive the right to notification of disposition of collateral under Section...
Last modified: February 3, 2019