New York Laws
Sub Part 1 - Default and Enforcement of Security Interest
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
(2) the reasonable expenses and attorney's fees described in
Section 9--615(a)(1).
(c) When redemption may occur. A redemption may occur at any time
before a secured party:
(1) has collected collateral under Section 9--607;
(2) has disposed of collateral or entered into a contract for its
disposition under Section 9--610; or
(3) has accepted collateral in full or partial satisfaction of
the obligation it secures under Section 9--622.

Structure New York Laws