Conn. Gen. Stat. § 42a-9-623: Right to redeem collateral.
Where this section sits in the code
- TITLE 42a. UNIFORM COMMERCIAL CODE
- ARTICLE 9*. SECURED TRANSACTIONS
- PART 6*. DEFAULT
(a) A debtor, any secondary obligor or any other secured party or lienholder may redeem collateral.
(b) To redeem collateral, a person shall tender:
(1) Fulfillment of all obligations secured by the collateral; and
(2) The reasonable expenses and attorney's fees described in subdivision (1) of subsection (a) of section 42a-9-615.
(c) A redemption may occur at any time before a secured party:
(1) Has collected collateral under section 42a-9-607;
(2) Has disposed of collateral or entered into a contract for its disposition under section 42a-9-610; or
(3) Has accepted collateral in full or partial satisfaction of the obligation it secures under section 42a-9-622.
Collected 2026-09-06T19:07:15Z. Source file · JSON