34.1-9-623. 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:
(i) Fulfillment of all obligations secured by the collateral; and
(ii) The reasonable expenses and attorney's fees described in section 34.1-9-615(a)(i).
(c) A redemption may occur at any time before a secured party:
(i) Has collected collateral under section 34.1-9-607;
(ii) Has disposed of collateral or entered into a contract for its disposition under section 34.1-9-610; or
(iii) Has accepted collateral in full or partial satisfaction of the obligation it secures under section 34.1-9-622.
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