(b) To redeem collateral, a person shall tender:(1) fulfillment of all obligations secured by the collateral; and(2) the reasonable expenses and attorney's fees described in IC 26-1-9.1-615(a)(1).(c) A redemption may occur at any time before a secured party:(1) has collected collateral under IC 26-1-9.1-607;(2) has disposed of collateral or entered into a contract for its disposition under IC 26-1-9.1-610; or(3) has accepted collateral in full or partial satisfaction of the obligation it secures under IC 26-1-9.1-622.As added by P.L.57-2000, SEC.45.
Indiana Legal Code