N.Y. Uniform Commercial Code Law Section 9-612
Timeliness of Notification Before Disposition of Collateral


Section 9--612. Timeliness of Notification Before Disposition of Collateral.

(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.

Source: Section 9-612 — Timeliness of Notification Before Disposition of Collateral, https://www.­nysenate.­gov/legislation/laws/UCC/9-612 (updated Sep. 22, 2014; accessed Oct. 26, 2024).

Accessed:
Oct. 26, 2024

Last modified:
Sep. 22, 2014

§ 9-612’s source at nysenate​.gov

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