N.J.S.A. 12A:9-612 — Timeliness of notification before disposition of collateral.

12A:9-612 Timeliness of notification before disposition of collateral. 12A: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. L.2001, c.117, s.1; amended 2001, c.386, s.101.

This is the verbatim text of N.J.S.A. 12A:9-612, retrieved from the New Jersey Legislature's public statute corpus. Statutes are amended periodically — for the most current version, check the external source link above. Kyzer is not a law firm and this page is not legal advice.