§ 9–609
Statutes in effect as of October 1, 2026.
Md. Code Ann., Com. Law § 9-609 (2026)
Title 9. Secured Transactions
Subtitle 6. Default
§ 9–609LinkCopy Citation
(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 § 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.