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2011 Wyoming Statutes
TITLE 34.1 - UNIFORM COMMERCIAL CODE
34.1-9-623. Right to redeem collateral.


Universal Citation:
WY Stat § 34.1-9-623 (1997 through Reg Sess)
Learn moreThis media-neutral citation is based on the American Association of Law Libraries Universal Citation Guide and is not necessarily the official citation.

(a) A debtor, any secondary obligor or any other secured party or lienholder may redeem collateral.

(b) To redeem collateral, a person shall tender:

(i) Fulfillment of all obligations secured by the collateral; and

(ii) The reasonable expenses and attorney's fees described in section 34.1-9-615(a)(i).

(c) A redemption may occur at any time before a secured party:

(i) Has collected collateral under section 34.1-9-607;

(ii) Has disposed of collateral or entered into a contract for its disposition under section 34.1-9-610; or

(iii) Has accepted collateral in full or partial satisfaction of the obligation it secures under section 34.1-9-622.

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