(1) After default, a secured party:
(a) May take possession of the collateral; and
(b) Without removal, may render equipment unusable and dispose of collateral on a debtor’s premises under ORS 79.0610.
(2) A secured party may proceed under subsection (1) of this section:
(a) Pursuant to judicial process; or
(b) Without judicial process, if it proceeds without breach of the peace.
(3) 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. [2001 c.445 §107]Section: Previous 79.0602 79.0603 79.0604 79.0605 79.0606 79.0607 79.0608 79.0609 79.0610 79.0611 79.0612 79.0613 79.0614 79.0615 79.0616 Next
Last modified: August 7, 2008