Cal. COM § 9623

Cal. COM § 9623

Last amended: 1999Year: 2025Length: 109 wordsSubsections: 3Official source
(a) A debtor, any secondary obligor, or any other secured party or lienholder may redeem collateral. (b) To redeem collateral, a person shall tender both of the following: (1) Fulfillment of all obligations secured by the collateral. (2) The reasonable expenses and attorney’s fees described in paragraph (1) of subdivision (a) of Section 9615. (c) A redemption may occur at any time before a secured party has done any of the following: (1) Collected collateral under Section 9607. (2) Disposed of collateral or entered into a contract for its disposition under Section 9610. (3) Accepted collateral in full or partial satisfaction of the obligation it secures under Section 9622.
Cal. COM § 9623 | Justis AI