§46-9-622. Effect of Acceptance of Collateral
(a) Effect of acceptance. A secured party's acceptance of collateral in full or partial satisfaction of the obligation it secures: (1) Discharges the obligation to the extent consented to by the debtor;
§46-9-623. Right 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
§46-9-624. Waiver
(a) Waiver of disposition notification. A debtor or secondary obligor may waive the right to notification of disposition of collateral under section 9-611 only by an agreement to that effect entered into and authenticated after default. (b) Waiver of mandatory disposition. A debtor may waive the right to require disposition of collateral under section 9-620(e) […]
§46-9-625. Remedies for Secured Party's Failure to Comply With Article
§46-9-625. Remedies for secured party's failure to comply with article. (a) Judicial orders concerning noncompliance. — If it is established that a secured party is not proceeding in accordance with this article, a court may order or restrain collection, enforcement, or disposition of collateral on appropriate terms and conditions. (b) Damages for noncompliance. — Subject […]
§46-9-616. Explanation of Calculation of Surplus or Deficiency
(a) Definitions. In this section: (1) "Explanation" means a writing that:
§46-9-606. Time of Default for Agricultural Lien
For purposes of this part, a default occurs in connection with an agricultural lien at the time the secured party becomes entitled to enforce the lien in accordance with the statute under which it was created.
§46-9-607. Collection and Enforcement by Secured Party
(a) Collection and enforcement generally. — If so agreed, and in any event after default, a secured party: (1) May notify an account debtor or other person obligated on collateral to make payment or otherwise render performance to or for the benefit of the secured party;
§46-9-608. Application of Proceeds of Collection or Enforcement; Liability for Deficiency and Right to Surplus
(a) Application of proceeds, surplus and deficiency if obligation secured. If a security interest or agricultural lien secures payment or performance of an obligation, the following rules apply: (1) A secured party shall apply or pay over for application the cash proceeds of collection or enforcement under section 9-607 in the following order to:
§46-9-609. Secured Party's Right to Take Possession After Default
(a) Possession; rendering equipment unusable; disposition on debtor's premises. After default, a secured party: (1) May take possession of the collateral; and
§46-9-610. Disposition of Collateral After Default
(a) Disposition after default. After default, a secured party may sell, lease, license or otherwise dispose of any or all of the collateral in its present condition or following any commercially reasonable preparation or processing. (b) Commercially reasonable disposition. Every aspect of a disposition of collateral, including the method, manner, time, place and other terms, […]