554.9623 Right to redeem collateral. 1. Persons that may redeem. A debtor, any secondary obligor, or any other secured party or lienholder may redeem collateral. 2. Requirements for redemption. To redeem collateral, a person shall tender:a. fulfillment of all obligations secured by the collateral; andb. the reasonable expenses and attorney’s fees described in section 554.9615, subsection 1, paragraph 'a'. 3. When redemption may occur. A redemption may occur at any time before a secured party: a. has collected collateral under section 554.9607;b. has disposed of collateral or entered into a contract for its disposition under section 554.9610; or c. has accepted collateral in full or partial satisfaction of the obligation it secures under section 554.9622. 2000 Acts, ch 1149, §121, 187Referred to in §554.9602, 554.9614, 554.9624 Sat Dec 23 11:02:30 2023 Iowa Code 2024, Section 554.9623 (24, 0)
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