Neb. U.C.C. § 9-609

Current with changes through the 2024 First Special Legislative Session
Section 9-609 - Secured party's right to take possession after default
(a) 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) 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) 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.

Neb. U.C.C. § 9-609

Laws 1999, LB 550, § 184.