Idaho Statutes

§ 28-9-609 — SECURED PARTY’S RIGHT TO TAKE POSSESSION AFTER DEFAULT

Idaho·Title 28 COMMERCIAL TRANSACTIONS·Part 6. DEFAULT·Ch. 9 SECURED TRANSACTIONS
(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 28-9-610.
(b)A secured party may proceed under subsection (a) of this section:
(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.

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Legislative History

[28-9-609, added 2001, ch. 208, sec. 2, p. 784.]

Nearby Sections

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