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The Vermont Statutes Online
Title
09A
:
Uniform Commercial Code
Chapter
009
:
Secured Transactions
§
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. (b) A
secured party may proceed under subsection (a): (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. (Added 1999, No. 106 (Adj. Sess.), § 2,
eff. July 1, 2001.)