Except in a consumer-goods transaction, the following rules apply:
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Describes the debtor and the secured party;
Describes the collateral that is the subject of the intended disposition;
States the method of intended disposition;
States that the debtor is entitled to an accounting of the unpaid indebtedness and states the charge, if any, for an accounting; and
States the time and place of a public disposition or the time after which any other disposition is to be made.
Information not specified by that paragraph; or
Minor errors that are not seriously misleading.
NOTIFICATION OF DISPOSITION OF COLLATERAL To: [Name of debtor, obligor or other person to which the notification is sent] From: [Name, address and telephone number of secured party] Name of Debtor(s): [Include only if debtor(s) are 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 Mississippi Code
Title 75 - Regulation of Trade, Commerce and Investments
Chapter 9 - Uniform Commercial Code-Secured Transactions
Subpart 1 - Default and Enforcement of Security Interest
§ 75-9-602. Waiver and variance of rights and duties
§ 75-9-603. Agreement on standards concerning rights and duties
§ 75-9-604. Procedure if security agreement covers real property or fixtures
§ 75-9-605. Unknown debtor or secondary obligor
§ 75-9-606. Time of default for agricultural lien
§ 75-9-607. Collection and enforcement by secured party
§ 75-9-609. Secured party's right to take possession after default
§ 75-9-610. Disposition of collateral after default
§ 75-9-611. Notification before disposition of collateral
§ 75-9-612. Timeliness of notification before disposition of collateral
§ 75-9-613. Contents and form of notification before disposition of collateral: general
§ 75-9-615. Application of proceeds of disposition; liability for deficiency and right to surplus
§ 75-9-616. Explanation of calculation of surplus or deficiency
§ 75-9-617. Rights of transferee of collateral
§ 75-9-618. Rights and duties of certain secondary obligors
§ 75-9-619. Transfer of record or legal title
§ 75-9-621. Notification of proposal to accept collateral
§ 75-9-622. Effect of acceptance of collateral