Massachusetts General Laws
Article 9 - Secured Transactions
Section 9-613 - Contents and Form of Notification Before Disposition of Collateral: General

Section 9–613. Except in a consumer-goods transaction, the following rules apply:
(1) The contents of a notification of disposition are sufficient if the notification:
(A) describes the debtor and the secured party;
(B) describes the collateral that is the subject of the intended disposition;
(C) states the method of intended disposition;
(D) states that the debtor is entitled to an accounting of the unpaid indebtedness and states the charge, if any, for an accounting; and
(E) states the time and place of a public disposition or the time after which any other disposition is to be made.
(2) Whether the contents of a notification that lacks any of the information specified in paragraph (1) are nevertheless sufficient is a question of fact.
(3) The contents of a notification providing substantially the information specified in paragraph (1) are sufficient, even if the notification includes:
(A) information not specified by that paragraph; or
(B) minor errors that are not seriously misleading.
(4) A particular phrasing of the notification is not required.
(5) The following form of notification and the form appearing in Section 9–614(3), when completed, each provides sufficient information:
NOTIFICATION OF DISPOSITION OF COLLATERAL
To:(Name of debtor, obligor, or other person to whom the notificationis sent)
From: (Name, address and telephone number of secured party)
Name of Debtor(s): (Include only if debtor(s) is not an addressee)
(For a public disposition:)
We will sell (or lease or license, as applicable) the (describe collateral) (to the highest qualified bidder) in public as follows:
Day and Date:
Time:
Place:
(For a private disposition:)
We will sell (or lease or license, as applicable) the (describe collateral) privately sometime after (day and date) .
You are entitled to an accounting of the unpaid indebtedness secured by the property that we intend to sell (or lease or license, as applicable) (for a charge of $ ___). You may request an accounting by calling us at (telephone number) .
(End of Form)

Structure Massachusetts General Laws

Massachusetts General Laws

Part I - Administration of the Government

Title XV - Regulation of Trade

Chapter 106 - Uniform Commercial Code

Article 9 - Secured Transactions

Section 9-338 - Priority of Security Interest or Agricultural Lien Perfected by Filed Financing Statement Providing Certain Incorrect Information

Section 9-403 - Agreement Not to Assert Defenses Against Assignee

Section 9-402 - Secured Party Not Obligated on Contract of Debtor or in Tort

Section 9-401 - Alienability of Debtor's Rights

Section 9-342 - Bank's Right to Refuse to Enter Into or Disclose Existence of Control Agreement

Section 9-341 - Bank's Rights and Duties With Respect to Deposit Account

Section 9-340 - Effectiveness of Right of Recoupment or Set-Off Against Deposit Account

Section 9-337 - Priority of Security Interests in Goods Covered by Certificate of Title

Section 9-332 - Transfer of Money; Transfer of Funds From Deposit Account

Section 9-335 - Accessions

Section 9-334 - Priority of Security Interests in Fixtures and Crops

Section 9-333 - Priority of Certain Liens Arising by Operation of Law

Section 9-404 - Rights Acquired by Assignee; Claims and Defenses Against Assignee

Section 9-331 - Priority of Rights of Purchasers of Instruments, Documents, and Securities Under Other Articles; Priority of Interests in Financial Assets and Security Entitlements Under Article 8

Section 9-330 - Priority of Purchaser of Chattel Paper or Instrument

Section 9-329 - Priority of Security Interests in Letter-of-Credit Right

Section 9-328 - Priority of Security Interests in Investment Property

Section 9-336 - Commingled Goods

Section 9-405 - Modification of Assigned Contract

Section 9-501 - Filing Office

Section 9-407 - Restrictions on Creation or Enforcement of Security Interest in Leasehold Interest or in Lessor's Residual Interest

Section 9-516 - What Constitutes Filing; Effectiveness of Filing

Section 9-515 - Duration and Effectiveness of Financing Statement; Effect of Lapsed Financing Statement

Section 9-514 - Assignment of Powers of Secured Party of Record

Section 9-513 - Termination Statement

Section 9-512 - Amendment of Financing Statement

Section 9-511 - Secured Party of Record

Section 9-510 - Effectiveness of Filed Record

Section 9-509 - Persons Entitled to File a Record

Section 9-508 - Effectiveness of Financing Statement if New Debtor Becomes Bound by Security Agreement

Section 9-507 - Effect of Certain Events on Effectiveness of Financing Statement

Section 9-506 - Effect of Errors or Omissions

Section 9-505 - Filing and Compliance With Other Statutes and Treaties for Consignments, Leases, Other Bailments, and Other Transactions

Section 9-504 - Indication of Collateral

Section 9-503 - Name of Debtor and Secured Party

Section 9-502 - Contents of Financing Statement; Record of Mortgage as Financing Statement; Time of Filing Financing Statement

Section 9-327 - Priority of Security Interests in Deposit Account

Section 9-409 - Restrictions on Assignment of Letter–of–credit Rights Ineffective

Section 9-408 - Restrictions on Assignment of Promissory Notes, Health–care–insurance Receivables, and Certain General Intangibles Ineffective

Section 9-406 - Discharge of Account Debtor; Notification of Assignment; Identification and Proof of Assignment; Restrictions on Assignment of Accounts, Chattel Paper, Payment Intangibles, and Promissory Notes Ineffective

Section 9-326 - Priority of Security Interests Created by New Debtor

Section 9-320 - Buyer of Goods

Section 9-324 - Priority of Purchase-Money Security Interests

Section 9-209 - Duties of Secured Party if Account Debtor Has Been Notified of Assignment

Section 9-208 - Additional Duties of Secured Party Having Control of Collateral

Section 9-207 - Rights and Duties of Secured Party Having Possession or Control of Collateral

Section 9-206 - Security Interest Arising in Purchase or Delivery of Financial Asset

Section 9-205 - Use or Disposition of Collateral Permissible

Section 9-204 - After–acquired Property; Future Advances

Section 9-203 - Attachment and Enforceability of Security Interest; Proceeds; Supporting Obligations; Formal Requisites

Section 9-202 - Title to Collateral Immaterial

Section 9-201 - General Effectiveness of Security Agreement

Section 9-110 - Security Interests Arising Under Article 2 or 2a

Section 9-109 - Scope

Section 9-108 - Sufficiency of Description

Section 9-107 - Control of Letter-of-Credit Right

Section 9-106 - Control of Investment Property

Section 9-105 - Control of Electronic Chattel Paper

Section 9-104 - Control of Deposit Account

Section 9-103 - Purchase-Money Security Interest; Application of Payments; Burden of Establishing

Section 9-102 - Definitions and Index of Definitions

Section 9-101 - Short Title

Section 9-210 - Request for Accounting; Request Regarding List of Collateral or Statement of Account

Section 9-325 - Priority of Security Interests in Transferred Collateral

Section 9-301 - Law Governing Perfection and Priority of Security Interests

Section 9-303 - Law Governing Perfection and Priority of Security Interests in Goods Covered by a Certificate of Title

Section 9-323 - Future Advances

Section 9-322 - Priorities Among Conflicting Security Interests in and Agricultural Liens on Same Collateral

Section 9-321 - License of General Intangible and Lessee of Goods in Ordinary Course of Business

Section 9-319 - Rights and Title of Consignee With Respect to Creditors and Purchasers

Section 9-318 - No Interest Retained in Right to Payment That Is Sold; Rights and Title of Seller of Account or Chattel Paper With Respect to Creditors and Purchasers

Section 9-317 - Interests That Take Priority Over or Take Free of Security Interest or Agricultural Lien

Section 9-316 - Continued Perfection of Security Interest Following Change in Governing Law

Section 9-315 - Secured Party's Rights on Disposition of Collateral and in Proceeds

Section 9-314 - Perfection by Control

Section 9-517 - Effect of Indexing Errors

Section 9-312 - Perfection of Security Interests in Chattel Paper, Deposit Accounts, Documents, Goods Covered by Documents, Instruments, Investment Property, Letter–of–credit Rights, and Money; Perfection by Permissive Filing; Temporary P...

Section 9-311 - Perfection of Security Interests in Property Subject to Certain Statutes, Regulations, and Treaties

Section 9-310 - When Filing Required to Perfect Security Interest or Agricultural Lien; Security Interests and Agricultural Liens to Which Filing Provisions Do Not Apply

Section 9-309 - Security Interest Perfected Upon Attachment

Section 9-308 - When Security Interest or Agricultural Lien Is Perfected; Continuity of Perfection

Section 9-307 - Location of Debtor

Section 9-306 - Law Governing Perfection and Priority of Security Interests in Letter-of-Credit Rights

Section 9-305 - Law Governing Perfection and Priority of Security Interests in Investment Property

Section 9-304 - Law Governing Perfection and Priority of Security Interests in Deposit Accounts

Section 9-302 - Law Governing Perfection and Priority of Agricultural Liens

Section 9-313 - When Possession by or Delivery to Secured Party Perfects Security Interest Without Filing

Section 9-519 - Numbering, Maintaining, and Indexing Records; Communicating Information Provided in Records

Section 9-520 - Acceptance and Refusal to Accept Record

Section 9-623 - Right to Redeem Collateral

Section 9-624 - Waiver

Section 9-625 - Remedies for Secured Party's Failure to Comply With Article

Section 9-626 - Action in Which Deficiency or Surplus Is in Issue

Section 9-627 - Determination of Whether Conduct Was Commercially Reasonable

Section 9-628 - Nonliability and Limitation on Liability of Secured Party; Liability of Secondary Obligor

Section 9-701 - Effective Date

Section 9-702 - Savings Clause

Section 9-703 - Security Interest Perfected Before Effective Date

Section 9-704 - Security Interest Unperfected Before Effective Date

Section 9-705 - Effectiveness of Action Taken Before Effective Date

Section 9-706 - When Initial Financing Statement Suffices to Continue Effectiveness of Financing Statement

Section 9-707 - Amendment of Pre-Effective-Date Financing Statement

Section 9-708 - Persons Entitled to File Initial Financing Statement or Continuation Statement

Section 9-709 - Priority

Section 9-801 - Effective Date

Section 9-802 - Savings Clause

Section 9-803 - Security Interest Perfected Before Effective Date

Section 9-804 - Security Interest Unperfected Before Effective Date

Section 9-805 - Effectiveness of Action Taken Before Effective Date

Section 9-806 - When Initial Financing Statement Suffices to Continue Effectiveness of Financing Statement

Section 9-807 - Amendment of Pre–effective Date Financing Statement

Section 9-808 - Person Entitled to File Initial Financing Statement or Continuation Statement

Section 9-809 - Priority

Section 9-518 - Claim Concerning Inaccurate or Wrongfully Filed Record

Section 9-622 - Effect of Acceptance of Collateral

Section 9-621 - Notification of Proposal to Accept Collateral

Section 9-339 - Priority Subject to Subordination

Section 9-619 - Transfer of Record or Legal Title

Section 9-620 - Acceptance of Collateral in Full or Partial Satisfaction of Obligation; Compulsory Disposition of Collateral

Section 9-522 - Maintenance and Destruction of Records

Section 9-523 - Information From Filing Office; Sale or License of Records

Section 9-524 - Delay by Filing Office

Section 9-525 - Fees

Section 9-526 - Filing–office Rules

Section 9-601 - Rights After Default; Judicial Enforcement; Consignor or Buyer of Accounts, Chattel Paper, Payment Intangibles, or Promissory Notes

Section 9-602 - Waiver and Variance of Rights and Duties

Section 9-603 - Agreement on Standards Concerning Rights and Duties

Section 9-604 - Procedure if Security Agreement Covers Real Property or Fixtures

Section 9-605 - Unknown Debtor or Secondary Obligor

Section 9-606 - Time of Default for Agricultural Lien

Section 9-521 - Uniform Form of Written Financing Statement and Amendment

Section 9-608 - Application of Proceeds of Collection or Enforcement; Liability for Deficiency and Right to Surplus

Section 9-607 - Collection and Enforcement by Secured Party

Section 9-618 - Rights and Duties of Certain Secondary Obligors

Section 9-617 - Rights of Transferee of Collateral

Section 9-616 - Explanation of Calculation of Surplus or Deficiency

Section 9-615 - Application of Proceeds of Disposition; Liability for Deficiency and Right to Surplus

Section 9-613 - Contents and Form of Notification Before Disposition of Collateral: General

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

Section 9-611 - Notification Before Disposition of Collateral

Section 9-610 - Disposition of Collateral After Default

Section 9-614 - Contents and Form of Notification Before Disposition of Collateral: Consumer–goods Transaction

Section 9-609 - Secured Party's Right to Take Possession After Default