§9-1606.__Time of default for agricultural lien

For purposes of this part, a default occurs in connection with an agricultural lien at the time the secured party becomes entitled to enforce the lien in accordance with the statute under which it was created.

Official Comment

1. Source. New.

2. Time of Default. Remedies under this Part become available upon the debtor's "default." See Section 9-601 [Maine cite section 9-1601]. This section explains when "default" occurs in the agricultural-lien context. It requires one to consult the enabling statute to determine when the lienholder is entitled to enforce the lien.

§9-1607.__Collection and enforcement by secured party

(1)__If so agreed, and in any event after default, a secured party:

(a)__May 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;

(b)__May take any proceeds to which the secured party is entitled under section 9-1315;