(a) After default, a secured party:
- (1) may take possession of the collateral; and
- (2) without removal, may render equipment unusable and dispose of collateral on a debtor's premises under Section 36-9-610.
(b) A secured party may proceed under subsection (a):
- (1) pursuant to judicial process; or
- (2) without judicial process, if it proceeds without breach of the peace.
- (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. "Collateral" Section 36-9-102(a)(12) "Debtor" Section 36-9-102(a)(28) "Default" See Section 36-9-601, Official Comment 3 "Equipment" Section 36-9-102(a)(33) "Secured party" Section 36-9-102(a)(72)