IC 26-1-9.1-609 — Secured party's right to take possession after default
Chapter 9.1. Secured Transactions
Bills citing this section
Section text
Sec. 609. (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 IC 26-1-9.1-610. (b) A secured party may proceed under subsection (a): (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.
As added by P.L.57-2000, SEC.45.
Source: official publisher (2026 edition)