Neb. U.C.C. § 9-623: Right to redeem collateral.
Where this section sits in the code
- Uniform Commercial Code
- Article 9
(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 9-615(a)(1).
(c) A redemption may occur at any time before a secured party:
(1) has collected collateral under section 9-607;
(2) has disposed of collateral or entered into a contract for its disposition under section 9-610; or
(3) has accepted collateral in full or partial satisfaction of the obligation it secures under section 9-622.
Collected 2026-09-17T21:01:12Z. Source file · JSON