Current through March 29, 2024
Section 554.9612 - Timeliness of notification before disposition of collateral1.Reasonable time is question of fact. Except as otherwise provided in subsection 2, whether a notification is sent within a reasonable time is a question of fact.2.Ten-day period sufficient in nonconsumer transaction. In a transaction other than a consumer transaction, a notification of disposition sent after default and ten days or more before the earliest time of disposition set forth in the notification is sent within a reasonable time before the disposition.2000 Acts, ch 1149, §110, 187
2000 Acts, ch 1149, §110, 187