Current through 2024 Session Acts Chapter 111 and 2024 Special Session Acts Chapter 4
Section 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. 2023 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. L. 2000, ch. 142, § 107; 7/1/2001.