K.S.A. » Chapter 84
Kansas Statutes Annotated

K.S.A. § 84-9-623 (2026)

Right to redeem collateral

✓ current as of May 2026
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84-9-623. Right to redeem collateral. (a) Persons that may redeem. A debtor, any secondary obligor, or any other secured party or lienholder may redeem collateral.

(b) Requirements for redemption. To redeem collateral, a person shall tender:

(1) Fulfillment of all obligations secured by the collateral; and

(2) the reasonable expenses and attorney fees described in K.S.A. 2025 Supp. 84-9-615(a)(1), and amendments thereto.

(c) When redemption may occur. A redemption may occur at any time before a secured party:

(1) Has collected collateral under K.S.A. 2025 Supp. 84-9-607, and amendments thereto;

(2) has disposed of collateral or entered into a contract for its disposition under K.S.A. 2025 Supp. 84-9-610, and amendments thereto; or

(3) has accepted collateral in full or partial satisfaction of the obligation it secures under K.S.A. 2025 Supp. 84-9-622, and amendments thereto.

History: L. 2000, ch. 142, § 121; July 1, 2001.


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www.ksrevisor.gov 2026
Notes of Decisions
Cited in 3 cases, 2004–2016 · leading case: Born v. Born, 374 P.3d 624 (Kan. 2016).
Sort: Relevance Newest Treatment
Born v. Born, 374 P.3d 624 (Kan. 2016). · cites it 5× “The panel reasoned that because Sharon’s only remedy under the agreements was to accept the collateral, an event of default “could result in one of only two outcomes: (1) Sharon could accept die collateral in satisfaction of the Born Trust’s obligations on die Notes or (2) die…”
Estis v. Credit Union of Johnson Cnty. (In Re Estis), 311 B.R. 592 (Bankr. D. Kan. 2004). · cites it 2× “Under K.S.A. § 84-9-623, a debtor has the right to redeem collateral at any time before the secured party has disposed of it.”
Ronald V. Odette Fam. Ltd. P'ship v. AGCO Fin., LLC, 129 P.3d 95 (Kan. Ct. App. 2005). “Although the UCC grants a right of redemption of collateral to a debtor, it cannot be the basis a for a conversion claim in this case.”
— K.S.A. § 84-9-623(b) — 1 case
Born v. Born, 374 P.3d 624 (Kan. 2016). “The panel reasoned that because Sharon’s only remedy under the agreements was to accept the collateral, an event of default “could result in one of only two outcomes: (1) Sharon could accept die collateral in satisfaction of the Born Trust’s obligations on die Notes or (2) die…”
— K.S.A. § 84-9-623(c)(3) — 1 case
Born v. Born, 374 P.3d 624 (Kan. 2016). “The panel reasoned that because Sharon’s only remedy under the agreements was to accept the collateral, an event of default “could result in one of only two outcomes: (1) Sharon could accept die collateral in satisfaction of the Born Trust’s obligations on die Notes or (2) die…”
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