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Idaho · Through 2026 Legislative Session

Idaho Code § 28-9-623: Right to redeem collateral.

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Where this section sits in the code
  1. TITLE 28 COMMERCIAL TRANSACTIONS
  2. CHAPTER 9 SECURED TRANSACTIONS
  3. 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 section 28-9-615(a)(1).

(c) A redemption may occur at any time before a secured party:

(1) Has collected collateral under section 28-9-607;

(2) Has disposed of collateral or entered into a contract for its disposition under section 28-9-610; or

(3) Has accepted collateral in full or partial satisfaction of the obligation it secures under section 28-9-622.

Collected 2026-09-04T11:18:22Z. Source file · JSON

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