§ 9609. — 9609. (Added by Stats. 1999, Ch. 991, Sec. 35.)

California § 9609.

• Jurisdiction: California
• Code COM: Commercial Code - COM
• Div. 9.: DIVISION 9. SECURED TRANSACTIONS
• Ch. 6.: CHAPTER 6. Default

Text

(a)
After default, a secured party may do both of the following:
(1)
Take possession of the collateral.
(2)
Without removal, render equipment unusable and dispose of collateral on a debtor’s premises under Section 9610.
(b)
A secured party may proceed under subdivision (a) in either of the following ways:
(1)
Pursuant to judicial process.
(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.

Legislative History

Added by Stats. 1999, Ch. 991, Sec. 35. Effective January 1, 2000. Operative July 1, 2001, by Sec. 75 of Ch. 991 and Section 9701.