Current through 2023-2024 Legislative Session Chapters 1-374, 376-386, 393, 394, 397, 398, 406-412, 414, 415, 421, 424, 427, 429, 430, 432-456, 460, 461, 471, 473, 475, 478, 480, 483, 484, 488, 490
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.Added by 2001 Ga. Laws 191, § 1, eff. 7/1/2001.