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§ 45-29-609 — Alaska Law | CourtGPT
  1. Home/
  2. Laws/
  3. Alaska/
  4. Title 45 - Trade and Commerce/
  5. Chapter 29 - Secured Transactions/
  6. Article 6 - Default.sec. 45.29.601. Rights After Default; Judicial Enforcement; Consignor or Buyer of Accounts, Chattel Paper, Payment Intangibles, or Promissory Notes/
  7. § 45-29-609
Alaska Legal Code

§ 45-29-609

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(a) 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 AS 45.29.610. (b) A secured party may proceed under subsection (a) of this section (1) in accordance with judicial process; or (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 that is reasonably convenient to both parties.