Skip to content

Idaho Code · § 28-9-623 — Right to redeem collateral

28-9-623. Right to redeem collateral

(a) A debtor, any secondary obligor, or any other secured party or lienholder may redeem collateral.

(b) To redeem collateral, a person shall tender:

(1) Fulfillment of all obligations secured by the collateral; and

(2) The reasonable expenses and attorney’s fees described in section 28-9-615(a)(1).

(c) A redemption may occur at any time before a secured party:

(1) Has collected collateral under section 28-9-607;

(2) Has disposed of collateral or entered into a contract for its disposition under section 28-9-610; or

(3) Has accepted collateral in full or partial satisfaction of the obligation it secures under section 28-9-622.

Source notes
History and annotations

28-9-623, added 2001, ch. 208, sec. 2, p. 794.

Official source for this version

Source captured 2026-09-26. Open the official source.

General legal information, not legal advice. Jurisio is not a law firm.