70A-9a-609 - Secured party's right to take possession after default. - Utah Statutes

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Statutes > Utah > Title-70a > Chapter-09a > 70a-9a-609

70A-9a-609. Secured party's right to take possession after default.
(1) After default, a secured party:
(a) may take possession of the collateral; and
(b) without removal, may render equipment unusable and dispose of collateral on adebtor's premises under Section 70A-9a-610.
(2) A secured party may proceed under Subsection (1):
(a) pursuant to judicial process; or
(b) without judicial process, if it proceeds without breach of the peace.
(3) If so agreed, and in any event after default, a secured party may require the debtor toassemble the collateral and make it available to the secured party at a place to be designated bythe secured party which is reasonably convenient to both parties.

Enacted by Chapter 252, 2000 General Session

State Codes and Statutes

Statutes > Utah > Title-70a > Chapter-09a > 70a-9a-609

70A-9a-609. Secured party's right to take possession after default.
(1) After default, a secured party:
(a) may take possession of the collateral; and
(b) without removal, may render equipment unusable and dispose of collateral on adebtor's premises under Section 70A-9a-610.
(2) A secured party may proceed under Subsection (1):
(a) pursuant to judicial process; or
(b) without judicial process, if it proceeds without breach of the peace.
(3) If so agreed, and in any event after default, a secured party may require the debtor toassemble the collateral and make it available to the secured party at a place to be designated bythe secured party which is reasonably convenient to both parties.

Enacted by Chapter 252, 2000 General Session

State Codes and Statutes

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State Codes and Statutes

Statutes > Utah > Title-70a > Chapter-09a > 70a-9a-609

70A-9a-609. Secured party's right to take possession after default.
(1) After default, a secured party:
(a) may take possession of the collateral; and
(b) without removal, may render equipment unusable and dispose of collateral on adebtor's premises under Section 70A-9a-610.
(2) A secured party may proceed under Subsection (1):
(a) pursuant to judicial process; or
(b) without judicial process, if it proceeds without breach of the peace.
(3) If so agreed, and in any event after default, a secured party may require the debtor toassemble the collateral and make it available to the secured party at a place to be designated bythe secured party which is reasonably convenient to both parties.

Enacted by Chapter 252, 2000 General Session