{"data":{"id":"us-nd/n.d.-cent.-code-41-09-118","jurisdiction":"us-nd","citation":"N.D. Cent. Code § 41-09-118","heading":"(9-623) Right to redeem collateral","body":"1.A debtor, any secondary obligor, or any other secured party or lienholder may redeem collateral.\n2.To redeem collateral, a person shall tender:\na.Fulfillment of all obligations secured by the collateral; and\nb.The reasonable expenses and attorney's fees described in subdivision a of subsection 1 of section 41-09-111.\n3.A redemption may occur at any time before a secured party:\na.Has collected collateral under section 41-09-104;\nb.Has disposed of collateral or entered into a contract for its disposition under section 41-09-107; or\nc.Has accepted collateral in full or partial satisfaction of the obligation it secures under section 41-09-117.","path":["Title 41 Uniform Commercial Code","Chapter 41-09 Secured Transactions"],"source_url":"https://ndlegis.gov/cencode/t41c09.pdf","current_through":"2026-07-31T11:12:02","vintage":"","retrieved_at":"2026-09-02T21:04:14Z","sha256":"da939cb8319307f43263184113c383bb49e67d56bfdc8466ad5349e9330fd35d","source_id":"us-nd","stale":true,"prev":"us-nd/n.d.-cent.-code-41-09-117","next":"us-nd/n.d.-cent.-code-41-09-119"},"notice":"GroundRules: Original legal text. Not legal advice."}
