Brantley v. Union Bank & Trust Co.Brantley v. Union Bank & Trust Co.
Versions:498 F.2d 36514 U.C.C. Rep. Serv. (West) 1471
The appellants in this ease seek to challenge the constitutionality of §§ 9-503, 9-504, Title 7A of the Alabama Code (§§ 9-503, 9-504 of the Uniform Commercial Code) on due process grounds.
Our decision in this case is squarely controlled by our recent decision in James v. Pinnix,
Affirmed.
Notes
. Section 9-503 and 9-504 read in pertinent part:
§ 9 — 504 Secured party’s right to dispossession after default. — Unless otherwise agreed a secured party has on default the right to take possession of the collateral. In taking possession a secured party may proceed without judicial process if this can be done without breach of the peace or may proceed by action.
§ 9 — 504 Secured party’s right to dispose of collateral after default; effect of disposition. — (1) A secured party after default may sell, lease or otherwise dispose of any or all of the collateral in its then condition or following any commercially reasonable preparation or processing.