§ 6A-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
(2) Without removal, may render equipment unusable and dispose of collateral on a debtor’s premises under § 6A-9-610.
(b) Judicial and nonjudicial process. A secured party may proceed under subsection (a):
(1) Pursuant to judicial process; or
(2) Without judicial process, if it proceeds without breach of the peace; provided however, in the case of repossession of any motor vehicle without knowledge of the retail buyer, the local police department shall be notified of such repossession within one hour after obtaining such possession. In the absence of a local police department or if the local police department cannot be reached for notification, the state police shall be promptly notified of such repossession.
(c) Assembly of collateral. 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 of Section.P.L. 2000, ch. 182, § 6; P.L. 2000, ch. 420, § 6.
Structure Rhode Island General Laws
Title 6A - Uniform Commercial Code
Chapter 6A-9 - Secured Transactions
Subpart 1 - Default and Enforcement of Security Interest
Section 6A-9-602. - Waiver and variance of rights and duties.
Section 6A-9-603. - Agreement on standards concerning rights and duties.
Section 6A-9-604. - Procedure if security agreement covers real property or fixtures.
Section 6A-9-605. - Unknown debtor or secondary obligor.
Section 6A-9-606. - Time of default for agricultural lien.
Section 6A-9-607. - Collection and enforcement by secured party.
Section 6A-9-609. - Secured party’s right to take possession after default.
Section 6A-9-610. - Disposition of collateral after default.
Section 6A-9-611. - Notification before disposition of collateral.
Section 6A-9-612. - Timeliness of notification before disposition of collateral.
Section 6A-9-613. - Contents and form of notification before disposition of collateral — General.
Section 6A-9-615.1. - Security interests — Cross collateral.
Section 6A-9-616. - Explanation of calculation of surplus or deficiency.
Section 6A-9-617. - Rights of transferee of collateral.
Section 6A-9-618. - Rights and duties of certain secondary obligors.
Section 6A-9-619. - Transfer of record or legal title.
Section 6A-9-621. - Notification of proposal to accept collateral.
Section 6A-9-622. - Effect of acceptance of collateral.