Del. Code tit. 6 § 9-609

Current through 2024 Legislative Session Act Chapter 251
Section 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 Section 9-610.
(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.

6 Del. C. § 9-609

72 Del. Laws, c. 401, § 1.;