<?xml version='1.0' encoding='utf-8'?>
<section article="gcl" article_name="Commercial Law" number="12-624" title_number="12" title_name="Credit Regulations" subtitle_number="6" subtitle_name="Retail Installment Sales">
  <level label="a">
    <text>The holder may repossess goods sold under an agreement if:</text>
    <level label="1">
      <text>The buyer is in default in:</text>
      <level label="i">
        <text>The payment of any sum due under the agreement;</text>
      </level>
      <level label="ii">
        <text>The performance of any other condition which the agreement lawfully requires him to perform in order to obtain unencumbered title to the goods; or</text>
      </level>
      <level label="iii">
        <text>The performance of any promise the breach of which is expressly made a ground for repossessing the goods; or</text>
      </level>
    </level>
    <level label="2">
      <text>The goods were seized by a police department, bureau, or force.</text>
    </level>
  </level>
  <level label="b">
    <level label="1">
      <text>The holder may repossess goods only by:</text>
      <level label="i">
        <text>Legal process; or</text>
      </level>
      <level label="ii">
        <text>Self-help, without use of force.</text>
      </level>
    </level>
    <level label="2">
      <text>Nothing in this section authorizes a violation of criminal law.</text>
    </level>
  </level>
  <level label="c">
    <level label="1">
      <text>At least 10 days before he repossesses any goods, the holder may serve a written notice on the buyer of his intention to repossess the goods.</text>
    </level>
    <level label="2">
      <text>The notice shall:</text>
      <level label="i">
        <text>State the default and any period at the end of which the goods will be repossessed; and</text>
      </level>
      <level label="ii">
        <text>Briefly state the rights of the buyer in case the goods are repossessed.</text>
      </level>
    </level>
    <level label="3">
      <text>The notice may be delivered to the buyer personally or sent to him at his last known address by registered or certified mail.</text>
    </level>
  </level>
  <level label="d">
    <text>Within five days after he repossesses the goods, the holder shall deliver to the buyer personally or send to him at his last known address by registered or certified mail, a written notice which briefly states:</text>
    <level label="1">
      <text>The right of the buyer to redeem the goods, and the amount payable for them;</text>
    </level>
    <level label="2">
      <text>The rights of the buyer as to a resale, and his liability for a deficiency; and</text>
    </level>
    <level label="3">
      <text>The exact location where the goods are stored and the address where any payment is to be made or notice delivered.</text>
    </level>
  </level>
</section>
