355.9 -609 Secured party's right to take possession after default. (1) After default, a secured party: (a) May take possession of the collateral; and (b) Without removal, may render equipment unusable and dispose of collateral on a debtor's premises under KRS 355.9 -610. (2) A secured party may proceed under subsection (1) of this section: (a) Pursuant to judicial process; or (b) Without judicial process, if it proceeds without breach of the peace. (3) If so agreed, and in any event after default, a secured party may require the debtor to assemble the collateral and make it ava ilable to the secured party at a place to be designated by the secured party which is reasonably convenient to both parties. Effective: July 1, 2001 History: Created 2000 Ky. Acts ch. 408, sec. 127, effective July 1, 2001.
Kentucky Legal Code