11 M.R.S. §9-1609: Secured party's right to take possession after default
Where this section sits in the code
- TITLE 11: UNIFORM COMMERCIAL CODE
- PART 6: DEFAULT
(1). After default, a secured party:
(a). May take possession of the collateral; and
(b). Without removal, may render equipment unusable and dispose of collateral on a debtor's premises under section 9‑1610.
(2). A secured party may proceed under subsection (1):
(a). Pursuant to judicial process; or
(b). Without judicial process if it proceeds without breach of the peace.
(3). 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 that is reasonably convenient to both parties.
Collected 2026-09-04T15:12:25Z. Source file · JSON