Alaska § 45.29.609 - Secured party's right to take possession after default.
Full text of Alaska Alaska Statutes § 45.29.609 — Secured party's right to take possession after default., with citation guidance and answers to common questions.
§ 45.29.609. Secured party's right to take possession after default.
(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 AS 45.29.610 .
(b) A secured party may proceed under subsection (a) of this section (1) in accordance with 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 that is reasonably convenient to both parties.
Source: official Alaska text · Last verified 2026-08-27
Frequently Asked Questions About Alaska § 45.29.609
What does Alaska Statutes § 45.29.609 cover?
Section 45.29.609 ("Secured party's right to take possession after default.") is part of the Alaska Statutes, the codified statutory law of Alaska. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Alaska § 45.29.609?
A common citation format is "Alaska Statutes § 45.29.609" (Alaska). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Alaska law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Alaska official source linked on this page or consult a licensed Alaska attorney.
How does Alaska § 45.29.609 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Alaska can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Alaska.