SECURED PARTY’S RIGHT TO TAKE POSSESSION AFTER DEFAULT (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 Section 1-9-610 of this title.(b) A secured party may proceed under subsection (a) of this section:(1) pursuant to 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 which is reasonably convenient to both parties.Added by Laws 2000, c. 371, § 116, eff. July 1, 2001.
Oklahoma Legal Code