N.D. Cent. Code § 41-09-106

Current through 2024 Legislative Session
Section 41-09-106 - (9-609) 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 section 41-09-107.
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 which is reasonably convenient to both parties.

N.D.C.C. § 41-09-106