2015 Arizona Revised Statutes
Title 47 - Uniform Commercial Code
§ 47-9609 Secured party's right to take possession after default

AZ Rev Stat § 47-9609 (2015) What's This?

47-9609. Secured party's right to take possession after default

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 47-9610.

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 that is reasonably convenient to both parties.

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