47-9623. Right to redeem collateral


A. A debtor, any secondary obligor or any other secured party or lienholder may
redeem collateral.


B. To redeem collateral, a person shall tender:


1. Fulfillment of all obligations secured by the collateral; and


2. The reasonable expenses and attorney fees described in section 47-9615,
subsection A, paragraph 1.


C. A redemption may occur at any time before a secured party:


1. Has collected collateral under section 47-9607;


2. Has disposed of collateral or entered into a contract for its disposition under
section 47-9610; or


3. Has accepted collateral in full or partial satisfaction of the obligation it
secures under section 47-9622.