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2016 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. 2016 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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2017. Powered by KLISS. Rendered: 2017-10-22T10:14:18. Head Rev No: 302148