Section 45.29.623 - Right to redeem collateral(a) A debtor, a secondary obligor, or 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; and(2) the reasonable expenses and attorney fees described in AS 45.29.615(a)(1).(c) A redemption may occur at any time before a secured party has(1) collected collateral under AS 45.29.607;(2) disposed of collateral or entered into a contract for its disposition under AS 45.29.610; or(3) accepted collateral in full or partial satisfaction of the obligation it secures under AS 45.29.622.