§ 70A-9a-609. Secured party's right to take possession after default.

Latest version.

(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 Section 70A-9a-610.

(2)

A secured party may proceed under Subsection (1):

(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.

Enacted by Chapter 252, 2000 General Session

                    
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