Section 440.9612 - Timeliness of notification before disposition of collateral.

UNIFORM COMMERCIAL CODE (EXCERPT)
Act 174 of 1962

440.9612 Timeliness of notification before disposition of collateral.

Sec. 9612.

(1) Except as otherwise provided in subsection (2), whether a notification is sent within a reasonable time is a question of fact.

(2) 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: Add. 2000, Act 348, Eff. July 1, 2001