Maine Revised Statutes
Subpart 1: DEFAULT AND ENFORCEMENT OF SECURITY INTEREST
11 §9-1612. Timeliness of notification before disposition of collateral

§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.  
[PL 1999, c. 699, Pt. A, §2 (NEW); PL 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.  
[PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).]
SECTION HISTORY
PL 1999, c. 699, §A2 (NEW). PL 1999, c. 699, §A4 (AFF).

Structure Maine Revised Statutes