2013 Maine Revised Statutes
TITLE 11: UNIFORM COMMERCIAL CODE
Article 9-A: TRANSACTIONS
11 §9-1612. Timeliness of notification before disposition of collateral
Part 6: DEFAULT
Subpart 1: DEFAULT AND ENFORCEMENT OF SECURITY INTEREST
9-1612. Timeliness of notification before disposition of collateral
(1). Except as otherwise provided in subsection (2), whether a notification is sent within a reasonable time is a question of fact.
[ 1999, c. 699, Pt. A, 2 (NEW); 1999, c. 699, Pt. A, 4 (AFF) .]
(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.
[ 1999, c. 699, Pt. A, 2 (NEW); 1999, c. 699, Pt. A, 4 (AFF) .]
SECTION HISTORY
1999, c. 699, A2 (NEW). 1999, c. 699, A4 (AFF).
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