Current through L. 2024, ch. 259
Section 47-9623 - Right to redeem collateralA. A debtor, any secondary obligor or any other secured party or lienholder may redeem collateral.B. To redeem collateral, a person shall tender:1. Fulfillment of all obligations secured by the collateral; and2. The reasonable expenses and attorney fees described in section 47-9615, subsection A, paragraph 1.C. A redemption may occur at any time before a secured party:1. Has collected collateral under section 47-9607;2. Has disposed of collateral or entered into a contract for its disposition under section 47-9610; or3. Has accepted collateral in full or partial satisfaction of the obligation it secures under section 47-9622.