Section 11-9-609. Secured party's right to take possession after default.  


Latest version.
  •    (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 Code Section 11-9-610.

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

       (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.
Code 1981, § 11-9-609, enacted by Ga. L. 2001, p. 362, § 1.