{"data":{"id":"us-ri/r.i.-gen.-laws-6a-9-623","jurisdiction":"us-ri","citation":"R.I. Gen. Laws § 6A-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 attorney’s fees described in § 6A-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 § 6A-9-607;\n(2) Has disposed of collateral or entered into a contract for its disposition under § 6A-9-610; or\n(3) Has accepted collateral in full or partial satisfaction of the obligation it secures under § 6A-9-622.","path":["Title 6A Uniform Commercial Code","Chapter 9 Secured Transactions","Part 6 Default","Subpart 1 Default and Enforcement of Security Interest"],"source_url":"https://webserver.rilegislature.gov/Statutes/TITLE6A/6A-9/6A-6/6A-1/6A-9-623.htm","current_through":"site files published 2025-08-13","vintage":"","retrieved_at":"2026-09-05T18:36:49Z","sha256":"da0d41d7f3b61537c0c503b1980fe8915d5bcbfc0e34c995230eaa4b1db84a0c","source_id":"us-ri","stale":true,"prev":"us-ri/r.i.-gen.-laws-6a-9-622","next":"us-ri/r.i.-gen.-laws-6a-9-624"},"notice":"GroundRules: Original legal text. Not legal advice."}