{"data":{"id":"us-mn/minn.-stat.-336.9-623","jurisdiction":"us-mn","citation":"Minn. Stat. § 336.9-623","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 attorneys fees described in section 336.9-615(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 336.9-607;\n(2) has disposed of collateral or entered into a contract for its disposition under section 336.9-610; or\n(3) has accepted collateral in full or partial satisfaction of the obligation it secures under section 336.9-622.","path":["TRADE REGULATIONS, CONSUMER PROTECTION","CHAPTER 336. UNIFORM COMMERCIAL CODE","SUBPART 2. DUTIES AND OPERATION OF FILING OFFICE","Part 6 DEFAULT SUBPART 1. DEFAULT AND ENFORCEMENT OF SECURITY INTEREST"],"source_url":"https://www.revisor.mn.gov/statutes/cite/336.9-623","current_through":"2025 Minnesota Statutes","vintage":"","retrieved_at":"2026-09-02T22:10:43Z","sha256":"d92232c1aff22a574e67cbc7f2eb75979350d3dfb8fddc03d3e9c836665ff1b1","source_id":"us-mn","stale":false,"prev":"us-mn/minn.-stat.-336.9-622","next":"us-mn/minn.-stat.-336.9-624"},"notice":"GroundRules: Original legal text. Not legal advice."}