Ga. Code § 11-9-609

Current through 2023-2024 Legislative Session Chapter 709
Section 11-9-609 - Secured party's right to take possession after default
(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 Code Section 11-9-610.
(b)Judicial and nonjudicial process. A secured party may proceed under subsection (a) of this Code section:
(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.

OCGA § 11-9-609

Added by 2001 Ga. Laws 191, § 1, eff. 7/1/2001.