Louisiana § 10:9-609 Secured party's right to take possession after default

Louisiana Statutes

§ 10:9-609 — Secured party's right to take possession after default

Louisiana·Title 10 Commercial Laws

(a)Possession. After default, a secured party may take possession of the collateral only:

(1)after the debtor's abandonment, or the debtor's surrender to the secured party, of the collateral;

(2)with the debtor's consent given after or in contemplation of default;

(3)pursuant to judicial process; or

(4)in those cases expressly provided by law other than this Chapter.

(b)[Reserved.]

(c)[Reserved.]

Free access — add to your briefcase to read the full text and ask questions with AI

(a) Possession. After default, a secured party may take possession of the collateral only:
(1) after the debtor's abandonment, or the debtor's surrender to the secured party, of the collateral;
(2) with the debtor's consent given after or in contemplation of default;
(3) pursuant to judicial process; or
(4) in those cases expressly provided by law other than this Chapter.
(b) [Reserved.]
(c) [Reserved.]

Louisiana § 10:9-609 (Secured party's right to take possession after default) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.