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Vermont Statutes · § 9-609 — Secured party’s right to take possession after default

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.

Source notes
History and annotations

(Added 1999, No. 106 (Adj. Sess.), § 2, eff. July 1, 2001.)

Official source for this version

Source captured 2026-09-25. Open the official source.

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