Senate Status:
2019 Statute
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84-9-609. Secured party's alternatives after default; with or without judicial process; assembly of collateral. (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. 2019 Supp. 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. |
History: L. 2000, ch. 142, § 107; July 1, 2001. |
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