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2018 Louisiana Laws
Revised Statutes
TITLE 10 - Commercial Laws
RS 10:9-609 - Secured party's right to take possession after default
Universal Citation: LA Rev Stat § 10:9-609 (2018)
§9-609. Secured party's right to take possession after default
(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.]
Acts 2001, No. 128, §1, eff. July 1, 2001.
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