Turtle Mountain Band of Chippewa Indians of North Dakota - Tribal Law

Disclaimer: Although every effort is made to present current and accurate information, if you need an official version of the tribe’s laws, please contact the tribe.

To contact the Turtle Mountain Band of Chippewa, visit the tribe's website. The tribe also publishes their laws through the law library on their website.

Turtle Mountain Band of Chippewa Indians Tribal Code.

24.47.210 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:

(1) Fulfillment of all obligations secured by the collateral; and

(2) The reasonable expenses and attorney's fees described in subdivision (1) of subsection (a) of Section 24.47.140.

(c) A redemption may occur at any time before a secured party:

(1) Has collected collateral under Section 24.47.070;

(2) Has disposed of collateral or entered into a contract for its disposition under Section 24.47.100; or

(3) Has accepted collateral in full or partial satisfaction of the obligation it secures under Section 24.47.200.

Original url: /us/nsn/tmchippewa/council/code/24.47.210

Powered by the non-profit Open Law Library.