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Searching 2019-2020 Session

The Vermont Statutes Online

The statutes were updated in November, 2018, and contain all actions of the
2018 legislative session.

Title 9A : Uniform Commercial Code

Article 009 : Secured Transactions

(Cite as: 9A V.S.A. § 9-609)
  • § 9-609. 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 section 9-610 of this title.

    (b) A secured party may proceed under subsection (a) of this section:

    (1) pursuant to 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 which is reasonably convenient to both parties. (Added 1999, No. 106 (Adj. Sess.), § 2, eff. July 1, 2001.)