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MONTANA STATUTES AND CODES

30-9A-609. Secured party's right to take possession after default.


     30-9A-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 30-9A-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 that is reasonably convenient to both parties.

     History: En. Sec. 106, Ch. 305, L. 1999; Sec. 30-9-609, MCA 1999; redes. 30-9A-609 by Code Commissioner, 2001.

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