RCW 62A.9A-623
118 words·~1 min read·
/wa/title-62a/chapter-62a-9a/62a-9a-623·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(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 attorneys' fees described in RCW 62A.9A-615 (a)(1).
(c)When redemption may occur. A redemption may occur at any time before a secured party:
(1)Has collected collateral under RCW 62A.9A-607 ;
(2)Has disposed of collateral or entered into a contract for its disposition under RCW 62A.9A-610 ; or
(3)Has accepted collateral in full or partial satisfaction of the obligation it secures under RCW 62A.9A-622 .
[2000 c 250 s 9A-623.]