RIGHT TO REDEEM COLLATERAL (a) A debtor, any secondary obligor, or any other secured party or lienholder may redeem collateral. (b) To redeem collateral, a person shall tender: (1) fulfillment of all obligations secured by the collateral; and (2) the reasonable expenses and attorney’s fees described in paragraph (1) of subsection (a) of Section 1-9-615 of this title. (c) A redemption may occur at any time before a secured party: (1) has collected collateral under Section 1-9-607 of this title; (2) has disposed of collateral or entered into a contract for its disposition under Section 1-9-610 of this title; or (3) has accepted collateral in full or partial satisfaction of the obligation it secures under Section 1-9-622 of this title. Added by Laws 2000, c. 371, § 130, eff. July 1, 2001.
Notes of Decisions
Cited in 3
cases, 2007–2016 · leading case: In re Ballard, 526 F.3d 634 (10th Cir. 2008).
In re Ballard, 526 F.3d 634 (10th Cir. 2008). “See Okla. Stat. Ann. tit. 12A § 1-9-623(a), (c); see also U.”
In re Quick, 360 B.R. 722 (Bankr. N.D. Okla. 2007). “, Okla Stat. Ann. tit. 12A, § 1-9-623(c) (West 2001) (providing that a debtor has a right to redeem collateral taken by a secured party until the collateral is sold to a third party or accepted by the creditor in full or partial satisfaction of the debt).”
Bryan's Car Corner, Inc. v. Mangum, 2017 OK CIV APP 10, 390 P.3d 982. “¶17 Further, 12A O.S.2011 § 1-9-623 provides that a debtor such as Cook has the right to redeem collateral by fulfilling all of the obligations secured by the collateral.”
Okla. Stat. tit. 12A, § 1-9-623(a): 1 case
In re Ballard, 526 F.3d 634 (10th Cir. 2008). “See Okla. Stat. Ann. tit. 12A § 1-9-623(a), (c); see also U.”
Okla. Stat. tit. 12A, § 1-9-623(c): 1 case
In re Quick, 360 B.R. 722 (Bankr. N.D. Okla. 2007). “, Okla Stat. Ann. tit. 12A, § 1-9-623(c) (West 2001) (providing that a debtor has a right to redeem collateral taken by a secured party until the collateral is sold to a third party or accepted by the creditor in full or partial satisfaction of the debt).”
Annotations are extracted automatically from the opinions in the
Syfert caselaw corpus and ranked by authority, recency, and
treatment. Dots show Syfertize treatment of the citing case itself.