§ 36-9-609

S.C. Code Ann. § 36-9-609

Secured party's right to take possession after default

2001 Act No. 67, SECTION 12.

  1. (a) After default, a secured party:

    1. (1) may take possession of the collateral; and
    2. (2) without removal, may render equipment unusable and dispose of collateral on a debtor's premises under Section 36-9-610.

  2. (b) A secured party may proceed under subsection (a):

    1. (1) pursuant to judicial process; or
    2. (2) without judicial process, if it proceeds without breach of the peace.
  3. (c) If so agreed, and in any event after default, a secured party may require the debtor to assemble the collateral and make it available to the secured party at a place to be designated by the secured party which is reasonably convenient to both parties.

HISTORY: 2001 Act No. 67, SECTION 12.

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