Montana § 30-9A-609 Secured Party's Right To Take Possession After Default

Montana Statutes

§ 30-9A-609 — Secured Party's Right To Take Possession After Default

Montana·Title 30 TRADE AND COMMERCE·Ch. 9A UNIFORM COMMERCIAL CODE SECURED TRANSACTIONS·Part 6 Default

30-9A-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 a debtor's premises under 30-9A-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 to assemble the collateral and make it available to the secured party at a place to be designated by the secured party that is reasonably convenient to both parties.

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30-9A-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 a debtor's premises under 30-9A-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 to assemble the collateral and make it available to the secured party at a place to be designated by the secured party that is reasonably convenient to both parties.

Montana § 30-9A-609 (Secured Party's Right To Take Possession After Default) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.