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Texas Business & Commerce Code

§ 9.612 — TIMELINESS OF NOTIFICATION BEFORE DISPOSITION OF COLLATERAL

BC § 9.612Title 1. UNIFORM COMMERCIAL CODE · Ch. 9. SECURED TRANSACTIONS · Art. F. DEFAULT

Statute text

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(a)Except as otherwise provided in Subsection (b), whether a notification is sent within a reasonable time is a question of fact.
(b)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.

Legislative history

Added by Acts 1999, 76th Leg., ch. 414, Sec. 1.01, eff. July 1, 2001.

Source: Texas Business & Commerce Code § 9.612 from the Texas Constitution and Statutes (Texas Legislature) (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.