Timeliness of notification before disposition of collateral.

1. Law
2. Missouri Revised Statutes
3. Trade and Commerce
4. Uniform Commercial Code
5. Timeliness of notification before disposition of collateral.

Effective - 01 Jul 2001

400.9-612. Timeliness of notification before disposition of collateral. — (a) Except as otherwise provided in subsection (b), whether a notification is sent within a reasonable time is a question of fact.

(b) In a transaction other than a consumer transaction, a notification of disposition sent after default and ten days or more before the earliest time of disposition set forth in the notification is sent within a reasonable time before the disposition.

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(L. 2001 S.B. 288)

Effective 7-01-01

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