Current through the 2024 Legislative Session.
Section 9609 - Secured party's right to take possession after default(a) After default, a secured party may do both of the following:(1) Take possession of the collateral.(2) Without removal, render equipment unusable and dispose of collateral on a debtor's premises under Section 9610.(b) A secured party may proceed under subdivision (a) in either of the following ways: (1) Pursuant to judicial process.(2) Without judicial process, if it proceeds without breach of the peace.(c) 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.EFFECTIVE 7/01/2001. Added10/10/1999 (Bill Number: SB 45) (Chapter 991).