{"data":{"id":"us-al/ala.-code-7-9a-623","jurisdiction":"us-al","citation":"Ala. Code § 7-9A-623","heading":"Right to Redeem Collateral.","body":"(a) Persons that may redeem. A debtor, any secondary obligor, or any other secured party or lienholder may redeem collateral.\n(b) Requirements for redemption. 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’s fees described in Section 7-9A-615(a)(1).\n(c) When redemption may occur. A redemption may occur at any time before a secured party:\n(1) has collected collateral under Section 7-9A-607;\n(2) has disposed of collateral or entered into a contract for its disposition under Section 7-9A-610; or\n(3) has accepted collateral in full or partial satisfaction of the obligation it secures under Section 7-9A-622.","path":["Title 7 Commercial Code.","Article 9A Secured Transactions.","Part 6 Default.","Division 1 Default and Enforcement of Security Interest."],"source_url":"https://alison.legislature.state.al.us/code-of-alabama?section=7-9A-623","current_through":"Act 2026-611","vintage":"","retrieved_at":"2026-09-03T14:01:52Z","sha256":"163b1f8e880ce3856c54608317c6466f999f388fc3d208155d74be91c90c3d9e","source_id":"us-al","stale":false,"prev":"us-al/ala.-code-7-9a-622","next":"us-al/ala.-code-7-9a-624"},"notice":"GroundRules: Original legal text. Not legal advice."}