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Maryland Code, Commercial Law 9-623

Maryland Code > Commercial Law > § 9-623


Current as of: 2010
        (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 § 9-615(a)(1).
(c)   A redemption may occur at any time before a secured party:
(1)   Has collected collateral under § 9-607;
(2)   Has disposed of collateral or entered into a contract for its disposition under § 9-610; or
 
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