The Arizona Revised Statutes have been updated to include the revised sections from the 54th Legislature, 2nd Regular Session. Please note that the next update of this compilation will not take place until after the conclusion of the 55th Legislature, 1st Regular Session, which convenes in January 2021.
This online version of the Arizona Revised Statutes is primarily maintained for legislative drafting purposes and reflects the version of law that is effective on January 1st of the year following the most recent legislative session. The official version of the Arizona Revised Statutes is published by Thomson Reuters.
47-9609 - Secured party's right to take possession after default
47-9609. 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 47-9610.
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 that is reasonably convenient to both parties.