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Kentucky · Snapshot 09/05/2026

KRS 355.9-623: Right to redeem collateral.

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Where this section sits in the code

    (1) A debtor, any secondary obligor, or any other secured party or lienholder may

    redeem collateral.

    (2) To redeem collateral, a person shall tender:

    (a) Fulfillment of all obligations secured by the collateral; and

    (b) The reasonable expenses and attorney's f ees described in KRS 355.9 -

    615(1)(a).

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

    (a) Has collected collateral under KRS 355.9-607;

    (b) Has disposed of collateral or entered into a contract for its disposition under

    KRS 355.9-610; or

    (c) Has accepted collateral in full or partial satisfaction of the obligation it secures

    under KRS 355.9-622.

    Collected 2026-09-05T20:58:49Z. Source file · JSON

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