Timeliness of notification before disposition of collateral.

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(a) Reasonable time is question of fact. Except as otherwise provided in subsection (b), whether a notification is sent within a reasonable time is a question of fact.

(b)10-day period sufficient in non-consumer transaction. In a transaction other than a consumer transaction, a notification of disposition sent after default and 10 days or more before the earliest time of disposition set forth in the notification is sent within a reasonable time before the disposition.

History of Section.
P.L. 2000, ch. 182, § 6; P.L. 2000, ch. 420, § 6.


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