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New Jersey Statutes, Title: 12A, COMMERCIAL TRANSACTIONS
Chapter 9:
Section: 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 section added to the Rutgers Database: 2013-06-10 16:36:30.
Older versions of 12a:9-612 (if available):
Court decisions that cite this statute:
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