Texas Business & Commerce Code
§ 9.609 — SECURED PARTY'S RIGHT TO TAKE POSSESSION AFTER DEFAULT
BC § 9.609Title 1. UNIFORM COMMERCIAL CODE · Ch. 9. SECURED TRANSACTIONS · Art. F. DEFAULT
Statute text
View on source(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 the debtor's premises under Section 9.610.
(b)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.
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Legislative history
Added by Acts 1999, 76th Leg., ch. 414, Sec. 1.01, eff. July 1, 2001.