§ 62A.9A-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 redeem collateral, a person shall tender:
(1) Fulfillment of all obligations secured by the collateral; and
(2) The reasonable expenses and attorneys' fees described in RCW 62A.9A-615(a)(1).
(c) When redemption may occur. A redemption may occur at any time before a secured party:
(1) Has collected collateral under RCW 62A.9A-607;
(2) Has disposed of collateral or entered into a contract for its disposition under RCW 62A.9A-610; or
(3) Has accepted collateral in full or partial satisfaction of the obligation it secures under RCW 62A.9A-622.
[2000 c 250 § 9A-623.]
Sections: Previous 62A.9A-616 62A.9A-617 62A.9A-618 62A.9A-619 62A.9A-620 62A.9A-621 62A.9A-622 62A.9A-623 62A.9A-624 62A.9A-625 62A.9A-626 62A.9A-627 62A.9A-628 62A.9A-701 62A.9A-702 NextLast modified: April 7, 2009