2023 Florida Statutes

< Back to Statute Search
Title XXXIX COMMERCIAL RELATIONS
Chapter 679 UNIFORM COMMERCIAL CODE: SECURED TRANSACTIONS
SECTION 609Secured party’s right to take possession after default.


679.609 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 s. 679.610.
(2) A secured party may proceed under subsection (1):
(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 available to the secured party at a place to be designated by the secured party which is reasonably convenient to both parties.
History.s. 7, ch. 2001-198.

Privacy Policy | View Full Site

Copyright © 2000-2024 State of Florida.