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Kansas Statutes Chapter 84. Uniform Commercial Code § 84-9-609. Secured party's alternatives after default; with or without judicial process; assembly of collateral

Current as of January 01, 2023 | Updated by FindLaw Staff

(a) Possession; rendering equipment unusable; disposition on debtor's premises.After default, a secured party:

(1) May take possession of the collateral; and

(2) without removal, may render equipment unusable and dispose of collateral on a debtor's premises under K.S.A. 84-9-610, and amendments thereto.

(b) Judicial and nonjudicial process.A secured party may proceed under subsection (a):

(1) Pursuant to judicial process; or

(2) without judicial process, if it proceeds without breach of the peace.

(c) Assembly of collateral.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.

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Cite this article: FindLaw.com - Kansas Statutes Chapter 84. Uniform Commercial Code § 84-9-609. Secured party's alternatives after default; with or without judicial process; assembly of collateral - last updated January 01, 2023 | https://codes.findlaw.com/ks/chapter-84-uniform-commercial-code/ks-st-sect-84-9-609/

Read this complete Kansas Statutes Chapter 84. Uniform Commercial Code § 84-9-609. Secured party's alternatives after default; with or without judicial process; assembly of collateral on Westlaw

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