Timeliness of notification before disposition of collateral

Checkout our iOS App for a better way to browser and research.

§ 9-612. Timeliness of notification before disposition of collateral

(a) Except as otherwise provided in subsection (b) of this section, 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 10 days or more before the earliest time of disposition set forth in the notification is sent within a reasonable time before the disposition. (Added 1999, No. 106 (Adj. Sess.), § 2, eff. July 1, 2001.)


Download our app to see the most-to-date content.