Title 11, Chapter 9, Section 609
( 11-9-609)
Secured party's right to take possession after default. (a) Possession; rendering equipment unusable; disposition on
debtor's premises. 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 Code Section 11-9-610. (b) Judicial and nonjudicial process. A secured party may proceed
under subsection (a) of this Code section: (1) Pursuant to judicial process; or (2) Without judicial process, if it proceeds without breach of the
peace. (c) Assembly of collateral. 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. |