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California Commercial Code

§ 9619

COM § 9619 Effective Jan 1, 2024Div. 9 · Ch. 6
(a)In this section, “transfer statement” means a record signed by a secured party stating all of the following:
(1)That the debtor has defaulted in connection with an obligation secured by specified collateral.
(2)That the secured party has exercised its postdefault remedies with respect to the collateral.

Legislative history

Amended by Stats. 2023, Ch. 210, Sec. 69. (SB 95) Effective January 1, 2024.

Source: California Commercial Code § 9619 from the California Legislative Information (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.