RCW 62A.9A-623Right to redeem collateral.(a) Persons that may redeem. A debtor, any secondary obligor, or any other secured party or lienholder may redeem collateral.(b) Requirements for redemption. To redeem collateral, a person shall tender:(1) Fulfillment of all obligations secured by the collateral; and(2) The reasonable expenses and attorneys' fees described in RCW 62A.9A-615(a)(1).(c) When redemption may occur. A redemption may occur at any time before a secured party:(1) Has collected collateral under RCW 62A.9A-607;(2) Has disposed of collateral or entered into a contract for its disposition under RCW 62A.9A-610; or(3) Has accepted collateral in full or partial satisfaction of the obligation it secures under RCW 62A.9A-622.[2000 c 250 s 9A-623.]
Washington Legal Code