1999 Minnesota Statutes

     336.9-506 Debtor's right to redeem collateral.  

    At any time before the secured party has disposed of 
 collateral or entered into a contract for its disposition under 
 section 336.9-504 or before the obligation has been discharged 
 under section 336.9-505(2) the debtor or any other secured party 
 may unless otherwise agreed in writing after default redeem the 
 collateral by tendering fulfillment of all obligations secured 
 by the collateral as well as the expenses reasonably incurred by 
 the secured party in retaking, holding and preparing the 
 collateral for disposition, in arranging for the sale, and, to 
 the extent provided in the agreement and not prohibited by law, 
 reasonable attorneys' fees and legal expenses.  

    HIST: 1965 c 811 s 336.9-506; 1986 c 444