Right to redeem collateral

(a) Persons that may redeem. A debtor, any secondary obligor, or any other secured party or lienholder may redeem collateral. (b) Requirements for redemption. 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 § 47-9-615(a)(1) . (c) When redemption may occur. A redemption may occur at any time before a secured party: (1) has collected collateral under § 47-9-607 ; (2) has disposed of collateral or entered into a contract for its disposition under § 47-9-610 ; or (3) has accepted collateral in full or partial satisfaction of the obligation it secures under § 47-9-622 . Acts 2000, ch. 846, § 1. (a) Persons that may redeem. A debtor, any secondary obligor, or any other secured party or lienholder may redeem collateral. (b) Requirements for redemption. 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 § 47-9-615(a)(1) . (1) fulfillment of all obligations secured by the collateral; and (2) the reasonable expenses and attorney's fees described in § 47-9-615(a)(1) . (c) When redemption may occur. A redemption may occur at any time before a secured party: (1) has collected collateral under § 47-9-607 ; (2) has disposed of collateral or entered into a contract for its disposition under § 47-9-610 ; or (3) has accepted collateral in full or partial satisfaction of the obligation it secures under § 47-9-622 . (1) has collected collateral under § 47-9-607 ; (2) has disposed of collateral or entered into a contract for its disposition under § 47-9-610 ; or (3) has accepted collateral in full or partial satisfaction of the obligation it secures under § 47-9-622 . Acts 2000, ch. 846, § 1.