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New York · Through 2026-09-11

N.Y. Uniform Commercial Code Law § 9-609: Secured Party's Right to Take Possession after Default

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Where this section sits in the code
  1. Uniform Commercial Code Law
  2. Article 9. Secured Transactions
  3. Part 6. Default
  4. Subpart 1. Default and Enforcement of Security Interest

Section 9--609. Secured Party's Right to Take Possession after Default.

(a) Possession; rendering equipment unusable; disposition on debtor's

premises. After default, a secured party:

(1) may take possession of the collateral; and

(2) without removal, may render equipment unusable and dispose of

collateral on a debtor's premises under Section 9--610.

(b) Judicial and nonjudicial process. A secured party may proceed

under subsection (a):

(1) pursuant to judicial process; or

(2) without judicial process, if it proceeds without breach of

the peace.

(c) Assembly of collateral. 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 which is reasonably convenient to both

parties.

Collected 2026-09-14T19:32:45Z. Source file · JSON

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