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Cal. Com. Code § 9609

Default

Known as the Uniform Commercial Code

The act spans §§ 1101–12107 (623 sections).

Applied in 2 court decisions — leading case 973 F. Supp. 2d 894 - SRAM, LLC v. Hayes Bicycle Group, Inc. (2013)

Most recently applied in People v. Bonilla (November 2018)

Added by Stats. 1999, Ch. 991, Sec. 35

(a) After default, a secured party may do both of the following:

(1) Take possession of the collateral.

(2) Without removal, render equipment unusable and dispose of collateral on a debtor’s premises under Section 9610.

(b) A secured party may proceed under subdivision (a) in either of the following ways:

(1) Pursuant to judicial process.

(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 which is reasonably convenient to both parties.

Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.