Sec. 9612.
(1) Except as otherwise provided in subsection (2), whether a notification is sent within a reasonable time is a question of fact.
(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.
History: Add. 2000, Act 348, Eff. July 1, 2001
Structure Michigan Compiled Laws
Chapter 440 - Uniform Commercial Code
Act 174 of 1962 - Uniform Commercial Code (440.1101 - 440.11102)
Article 9 - Secured Transactions (440.9101...440.9994)
174-1962-9-6 - Part 6 Default (440.9601...440.9628)
174-1962-9-6-1. - Subpart 1. Default and Enforcement of Security Interest (440.9601...440.9624)
Section 440.9602 - Waiver and Variance of Rights and Duties.
Section 440.9603 - Agreement on Standards Concerning Rights and Duties.
Section 440.9604 - Procedure if Security Agreement Covers Real Property or Fixtures.
Section 440.9605 - Unknown Debtor or Secondary Obligor.
Section 440.9606 - Time of Default for Agricultural Lien.
Section 440.9607 - Collection and Enforcement by Secured Party.
Section 440.9609 - Secured Party's Right to Take Possession After Default.
Section 440.9610 - Disposition of Collateral After Default.
Section 440.9611 - Notification Before Disposition of Collateral.
Section 440.9612 - Timeliness of Notification Before Disposition of Collateral.
Section 440.9613 - Contents and Form of Notification Before Disposition of Collateral; Generally.
Section 440.9616 - Explanation of Calculation of Surplus or Deficiency.
Section 440.9617 - Rights of Transferee of Collateral.
Section 440.9618 - Rights and Duties of Certain Secondary Obligors.
Section 440.9619 - Transfer of Record or Legal Title.
Section 440.9621 - Notification of Proposal to Accept Collateral.
Section 440.9622 - Effect of Acceptance of Collateral.