{"data":{"id":"us-ar/ark.-code-ann.-4-9-623","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 4-9-623","heading":"Right to redeem collateral.","body":"(a) A debtor, any secondary obligor, or any 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's fees described in § 4-9-615(a)(1).\n(c) A redemption may occur at any time before a secured party:\n(1) has collected collateral under § 4-9-607;\n(2) has disposed of collateral or entered into a contract for its disposition under § 4-9-610; or\n(3) has accepted collateral in full or partial satisfaction of the obligation it secures under § 4-9-622.","path":["Title 4 Business and Commercial Law","Subtitle 1. Uniform Commercial Code","Chapter 9 Secured Transactions","Part 6 — Default","Subpart 1 Default and Enforcement of Security Interest"],"source_url":"https://archive.org/download/gov.ar.code/release78.2020.11.06/gov.ar.code.title.04.odt","current_through":"2020-11-06","vintage":"Arkansas Code Release 78 (2020-11), retrieved 2026-09-17","retrieved_at":"2026-09-17T21:07:03Z","sha256":"e205da7079b0e27a34b7e18b55d5dde79ca7260fe9b5ea3482987fa334e31e0e","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-4-9-622","next":"us-ar/ark.-code-ann.-4-9-624"},"notice":"GroundRules: Original legal text. Not legal advice."}