Ala. Code § 7-9A-609

Secured Party’s Right to Take Possession After Default.

Known as the Uniform Commercial Code

The act spans §§ 7-10-101 to 7-9A-809 (703 sections).

Applied in 1 court decision — leading case 171 F. App'x 773 - Gary Paullin v. City of Loxley, AL (2006)

Most recently applied in 171 F. App'x 773 - Gary Paullin v. City of Loxley, AL (March 2006)

(Act 2001-481, p. 647, §1.)

(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 Section 7-9A-610.

(b) Judicial and nonjudicial process. A secured party may proceed under subsection (a):

(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.

Official source: Alabama Legislature (ALISON). Reproduced from public-domain Alabama statutes; confirm against the official source for the current text. Not legal advice.