Okla. Stat. tit. 12A, § 12A-1-9-609
This is the official text of Okla. Stat. tit. 12A, § 12A-1-9-609, part of Oklahoma’s Stat. tit. 12A, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 12A,." Browse the sections below, each linked to its official government source.
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Secured party’s right to take possession after
Official statutory text
default.
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.
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.
Status: in_force · Read it on the official government site
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