Sec. 45.29.609. Secured party's right to take possession after default.
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Sec. 45.29.609. Secured party's right to take possession after default.
(a)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 AS 45.29.610 .
(b)A secured party may proceed under subsection
(a)of this section
(1)in accordance with judicial process; or
(2)without judicial process if it proceeds without breach of the peace.
(c)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.