California Commercial Code

§ 9607

COM § 9607 Effective Jan 1, 2014Div. 9 · Ch. 6

Statute text

(a)If so agreed, and in any event after default, a secured party may do all of the following:

(1)Notify an account debtor or other person obligated on collateral to make payment or otherwise render performance to or for the benefit of the secured party.

(2)Take any proceeds to which the secured party is entitled under Section 9315.

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Legislative history

Amended by Stats. 2013, Ch. 531, Sec. 22. (AB 502) Effective January 1, 2014. Operative July 1, 2014, by Sec. 28 of Ch. 531.