{"data":{"id":"us-ak/as-45.29.623","jurisdiction":"us-ak","citation":"AS 45.29.623","heading":"Right to redeem collateral.","body":"(a) A debtor, a secondary obligor, or other secured party or lienholder may redeem collateral.\n(b) To redeem collateral, a person shall tender\n(1) fulfillment of all obligations secured by the collateral; and\n(2) the reasonable expenses and attorney fees described in AS 45.29.615(a)(1).\n(c) A redemption may occur at any time before a secured party has\n(1) collected collateral under AS 45.29.607;\n(2) disposed of collateral or entered into a contract for its disposition under AS 45.29.610; or\n(3) accepted collateral in full or partial satisfaction of the obligation it secures under AS 45.29.622.","path":["Title 45. Trade and Commerce.","Chapter 29. Secured Transactions.","Article 6. Default."],"source_url":"https://www.akleg.gov/basis/statutes.asp#45.29.623","current_through":"Alaska Statutes 2025 (34th Legislature, 2025-2026)","vintage":"","retrieved_at":"2026-09-02T06:19:44Z","sha256":"5eb74e1bcd919147ef94f4ed5812eb5e1c1f3b8bc29d5c527b35f3fe62fe58cd","source_id":"us-ak","stale":false,"prev":"us-ak/as-45.29.622","next":"us-ak/as-45.29.624"},"notice":"GroundRules: Original legal text. Not legal advice."}