47-9623. Right to redeem collateral A. A debtor, any secondary obligor or any other secured party or lienholder may redeem collateral. B. To redeem collateral, a person shall tender: 1. Fulfillment of all obligations secured by the collateral; and 2. The reasonable expenses and attorney fees described in section 47-9615, subsection A, paragraph 1. C. A redemption may occur at any time before a secured party: 1. Has collected collateral under section 47-9607; 2. Has disposed of collateral or entered into a contract for its disposition under section 47-9610; or 3. Has accepted collateral in full or partial satisfaction of the obligation it secures under section 47-9622. |