[Previous] [Next]

12A-9-506.


12A-9-506.
   
   At any time before the secured party has disposed of collateral or
   entered into a contract for its disposition under Section 9-504 or
   before the obligation has been discharged under Section 9-505(2) the
   debtor or any other secured party may unless otherwise agreed in
   writing after default redeem the collateral by tendering fulfillment
   of all obligations secured by the collateral as well as the expenses
   reasonably incurred by the secured party in retaking, holding and
   preparing the collateral for disposition, in arranging for the sale,
   and, to the extent provided in the agreement and not prohibited by
   law, his reasonable attorneys' fees and legal expenses.
   

[Previous] [Next]