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10 chapters · 409 sections in this title.
13 GCA § 9501 Default; Procedure When Security Agreement Covers both
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Real and Personal Property. (1) When a debtor is in default under a security agreement, a secured party has the rights and remedies provided in this chapter and except as limited by subdivision (3) those provided in the security agree- ment. He may reduce his claim to judgment, f…
13 GCA § 9502 Collection Rights of Secured Party
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(1) When so agreed and in any event on default the secured party is entitled to notify an account debtor or the obligor on an instrument to make payment to him whether or not the assignor was theretofore making collections on the collateral, and also to take control of any procee…
13 GCA § 9503 Secured Party's Right to Take Possession After Default
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Unless otherwise agreed a secured party has on default the right to take possession of the collateral. In taking possession a secured party may proceed without judicial process if this can be done without breach of the peace or may proceed by action. If the security agreement so …
13 GCA § 9504 Secured Party's Right to Dispose of Collateral After Default;
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Effect of Disposition. (1) A secured party after default may sell, lease or otherwise dispose of any or all of collateral in its then condition or following any commercially reasonable preparation or processing. Any sale of goods is subject to the division on sales (Division 2). …